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228
Level 1

Cashing in Savings Bonds

I received two 1099-INT forms, one from the Treasury and one from the credit union, for the same transaction of redeeming savings bonds. Will this be double taxation?

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Accepted Solutions
MinhT1
Expert Alumni

Cashing in Savings Bonds

If you received 2 forms 1099-INT with the same amount for the same transaction, you should only enter one of them in your tax return.

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1 Reply
MinhT1
Expert Alumni

Cashing in Savings Bonds

If you received 2 forms 1099-INT with the same amount for the same transaction, you should only enter one of them in your tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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