Interest on saving bond
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

Interest on saving bond

 
3 Replies
Level 5

Interest on saving bond

You will enter interest received from US Savings bonds in the Income section of TurboTax. You should have received Form 1099-INT for the interest. See the TurboTax FAQ below that provides instruction on how to enter.

***It is important to note to check the box next to "My form has info in more than just box 1 (this is uncommon)", and enter the amount of interest paid on U.S. savings bonds in Box 3 - Savings bonds and treasury int

https://ttlc.intuit.com/replies/3300478

New Member

Interest on saving bond

I sold 109 Savings Bonds Series EE $100.  When reporting the interest  earned as reported on 1099INT received from the bank, do I have to enter each bond cashed in?

Employee Tax Expert

Interest on saving bond

It depends, did you receive one 1099-INT or more than one?

 

Report the income here:

  • Down the left side of the screen, click Federal.
  • Across the top of the screen, click Income & expenses.
  • Under Your income and expenses, scroll down to Interest on 1099-INT.
  • Click Start / Revisit.
  • US Savings Bond interest is reported on box 3.

See also this help.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic Ads
v
Privacy Settings