topic When you cash in EE bonds are they unearned income in Get your taxes done using TurboTax

When you cash in EE bonds are they unearned income

nsb1005 — Mon, 23 Feb 2026 10:08:22 GMT

do i have to pay taxes on my EE Bonds interest

Re: When you cash in EE bonds are they unearned income

dmertz — Thu, 26 Jan 2023 17:11:45 GMT

Savings bond interest is unearned income. It's federally taxable but not state taxable.

Re: When you cash in EE bonds are they unearned income

VolvoGirl — Thu, 26 Jan 2023 17:19:57 GMT

I cashed in a lot of bonds in 2022. I got receipts from Wells Fargo. I wasn't expecting to get an actual 1099INT from WF but I just did! If you didn't get a 1099 INT you just enter the total interest like a 1099 INT and put the amount in box 3. Yes the interest is taxable for federal but usually not for state.