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Level 2
posted Nov 29, 2023 2:53:33 PM

Getting conflicting info on this for those who have redeemed minor/child linked bonds does Treasury Direct issue the 1099 for minor/child bonds redeemed in name and social of minor/child or is it in the parent's name social?

Getting conflicting info on this for those who have redeemed minor/child linked bonds does Treasury Direct issue the 1099 for minor/child bonds redeemed in name and social of minor/child or is it in the parent's name social?

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2 Replies
Level 15
Nov 29, 2023 3:29:50 PM

Depends on who’s the owner of the bond. That person will receive the 1099-INT. 

Level 15
Nov 29, 2023 4:07:12 PM

...and Treasury Direct will not send them out in the mail.

 

You will have to log into that Treas. Direct account sometime in mid-Late January to download the 1099-INT from that particular account.