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Interest on savings bonds can be reported in one of two ways.
To record this income in TurboTax Online follow the steps below.
In January, or early February, you will receive a form 1099-INT from the bank (or the US Treasury) that cashed the bond, reporting the amount of interest you were paid. The 1099-INT will only have the interest amount, not the full amount the bond was cashed for.
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