Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
horling
New Member

How do I report interest on sixteen series I savings bonds I redeemed in 2017 that were purchased at various times over ten years?

 
1 Best answer

Accepted Solutions
MichaelL1
Level 15

How do I report interest on sixteen series I savings bonds I redeemed in 2017 that were purchased at various times over ten years?

You go to the interest income section in TurboTax. 

When you get to this area and the Bank's name is listed from the 1098INT you received, you should see a small box below the bank name that you need to check : My Form has info in more than just box 1.

Then you will see Box 3 to report the US Savings bond interest.  If you cashed them in at one bank, you can report the total amount, not each bond separately. 

TurboTax will ask you some additional questions regarding the bonds. 

View solution in original post

1 Reply
MichaelL1
Level 15

How do I report interest on sixteen series I savings bonds I redeemed in 2017 that were purchased at various times over ten years?

You go to the interest income section in TurboTax. 

When you get to this area and the Bank's name is listed from the 1098INT you received, you should see a small box below the bank name that you need to check : My Form has info in more than just box 1.

Then you will see Box 3 to report the US Savings bond interest.  If you cashed them in at one bank, you can report the total amount, not each bond separately. 

TurboTax will ask you some additional questions regarding the bonds. 

Dynamic AdsDynamic Ads
Privacy Settings
v