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i have no 1099 B OR 1099 INT FROM MATURED SAVINS BOND WHIC ARE NOT REDEEMED -DO I REPORT INTEREST?
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For US savings bonds, you need to enter the interest on your 2018 tax return as the income becomes taxable when the bond matures even if you have not redeemed it yet. You do not need a 1099-INT from the treasury to do this. Enter a 1099-INT. When you enter the 1099-INT into TurboTax, you have to put a checkmark underneath the payer's name next to '' My form has info in more than just box 1 (this is uncommon)''.
You have a choice on when you report your bond interest. You can:
For US savings bonds, you need to enter the interest on your 2018 tax return as the income becomes taxable when the bond matures even if you have not redeemed it yet. You do not need a 1099-INT from the treasury to do this. Enter a 1099-INT. When you enter the 1099-INT into TurboTax, you have to put a checkmark underneath the payer's name next to '' My form has info in more than just box 1 (this is uncommon)''.
You have a choice on when you report your bond interest. You can:
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