You'll need to sign in or create an account to connect with an expert.
Cashing savings bonds is reported on form 1099-INT. Please follow steps below for data entry:
Note: If the bank where you cashed the bonds does not issue the form 1099-INT - in TurboTax - you should report the interest AS IF you received the form. Use the bank name as the payer and enter the interest in box 3; no additional reporting is needed.
Cashing savings bonds is reported on form 1099-INT. Please follow steps below for data entry:
Note: If the bank where you cashed the bonds does not issue the form 1099-INT - in TurboTax - you should report the interest AS IF you received the form. Use the bank name as the payer and enter the interest in box 3; no additional reporting is needed.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
breeves46
New Member
user17704911530
New Member
in Education
Xolona
Returning Member
prechou1255
New Member
turbokarst
Level 3