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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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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?

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

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?

...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.

____________*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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