Where do I report interest from sale of US Treasury bonds?

timmydel — Sat, 01 Jun 2019 05:01:59 GMT

The seller reports interest on the form 1099-INT- You wil...

MargaretL — Sat, 01 Jun 2019 05:02:01 GMT

The seller reports interest on the form 1099-INT- You will be receiving 1099-INT reporting your savings bonds and it should be reported as such in TurboTax:

Type 1099-int in the Search box - you must be logged in and IN your tax return
Select Jump to 1099-int blue link - follow the interview screens; be sure to check the box My form has info in more than just box 1

Note: Unlike stocks, U.S. savings bonds are not sold to receive cash; their value (plus interest from the government at a predetermined date) is redeemed when the bond matures. The seller has to pay you back the principal and invested earnings. In turn, you must report the interest the bonds yields on your tax return. The seller reports interest on the form 1099-INT.

topic Where do I report interest from sale of US Treasury bonds? in Get your taxes done using TurboTax

Where do I report interest from sale of US Treasury bonds?

The seller reports interest on the form 1099-INT- You wil...