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guido427
New Member

Interest on saving bond

 
3 Replies
cameaf
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

VJRAF
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?

JamesG1
Expert Alumni

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.

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