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I cashed in 6 savings bonds in 2017 and received a federal income tax information sheet but didn't receive a 1099-b or 1099 INT. How am I suppose to report this income?
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I cashed in 6 savings bonds in 2017 and received a federal income tax information sheet but didn't receive a 1099-b or 1099 INT. How am I suppose to report this income?
On your tax return, You enter the interest income only as a 1099-INT from the US Treasury. Use box 3 of the 1099-INT form when you do that.
A 1099-B is not used for cashing in savings bonds.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*