https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-cashed-in-bonds-with-me-amp-my-brothers-name-on-it-we-both-signed-amp-got-deposited-into-my-bank/01/286906#M10759 Mon, 03 Jun 2019 17:37:26 GMT srosten1 2019-06-03T17:37:26Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-cashed-in-bonds-with-me-amp-my-brothers-name-on-it-we-both-signed-amp-got-deposited-into-my-bank/01/286906#M10759 Mon, 03 Jun 2019 17:37:26 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-cashed-in-bonds-with-me-amp-my-brothers-name-on-it-we-both-signed-amp-got-deposited-into-my-bank/01/286906#M10759 srosten1 2019-06-03T17:37:26Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-that-s-not-a-gift-just-a-bookkeeping-item-if-only-o/01/286916#M10760 <P>No. That's not a gift, just a bookkeeping item.</P><P>If only one of you gets a 1099-Int, there is way to deduct the others portion on Schedule B. After entering the 1099-INT, you will be asked if any adjustments are needed.&nbsp;</P> Mon, 03 Jun 2019 17:37:27 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-that-s-not-a-gift-just-a-bookkeeping-item-if-only-o/01/286916#M10760 Hal_Al 2019-06-03T17:37:27Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/thank-you-very-much-for-your-prompt-response-i-did-file/01/286920#M10761 Thank you very much for your prompt response.&nbsp;&nbsp;I did file the 1099 and payed the taxes on the entire interest amount. Mon, 03 Jun 2019 17:37:28 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/thank-you-very-much-for-your-prompt-response-i-did-file/01/286920#M10761 srosten1 2019-06-03T17:37:28Z