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.
sherod-1264
New Member
jaketdotson
New Member
in Education
MignonS
New Member
april15comingsoo
Level 2
gamb457
Level 1