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n2viva
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TreasuryDirect.com form - What is the payee TreasuryDirect or Dept. of Treasury? Just one entry of all bond income or need to list each separately?

I have several bonds that paid interest and they are listed in detail regarding the payments, at the bottom there is a total of all interest paid. I do not know if I only need to enter the total once or if I need to make a separate entry for each bond payment on my tax return
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TreasuryDirect.com form - What is the payee TreasuryDirect or Dept. of Treasury? Just one entry of all bond income or need to list each separately?

Just the one total. Especialy if it's only from EE or I-bond redemptions or maturities

 

In your Software, the interest will go into a single 1099-INT, with only the interest paid in box 3 of that 1099-INT form.

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I can't know if you had some other "transactions" for actual treasury bonds or notes....but if you scroll down the US Treasury's 1099-INT form, they have some other entries for actions you might have taken that resulted in gains or losses from your sales of  US Treasuries & Notes (not EE or I-bonds) that might need to go on a form 8949.   On my 1099-INT, those entries were all empty since I only hold EE- and I-bonds.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

TreasuryDirect.com form - What is the payee TreasuryDirect or Dept. of Treasury? Just one entry of all bond income or need to list each separately?

...AHHH...and also, if you did have some actual US Treasury Bond/Note redemptions/sales/maturities during the year that you held in the Treasury Direct account (again NOT for  EE- or I-Bonds),

..........those would be listed lower on the form in the 1099-B area...and those would be entered into the TTX software as separate transactions in the Investment Income area on TurboTax...along with other "Stock, Mutual Fund, Bond..." transactions.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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