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Level 1
June 6, 2019
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Why is my US savings bonds interest included with other interest?

  • June 6, 2019
  • 1 reply
  • 6 views
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Best answer by SweetieJean

When you enter the 1099-INT, there is a question box that asks if the interest is from a savings or other govt. bond. Go to Federal > Wages and Income > Interest to see that.

Savings bond interest is taxable for Federal, but not for state.

1 reply

Alumni - Champ
June 6, 2019

When you enter the 1099-INT, there is a question box that asks if the interest is from a savings or other govt. bond. Go to Federal > Wages and Income > Interest to see that.

Savings bond interest is taxable for Federal, but not for state.