Solved: I need to talk to turbo tax, I have trubo tax delux, am trying to llist interest for sales of EE bonds, need answers
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

I need to talk to turbo tax, I have trubo tax delux, am trying to llist interest for sales of EE bonds, need answers

how do I llist purchase dates vs sell dates on federal EE bond sales?

1 Best answer

Accepted Solutions
Level 15

I need to talk to turbo tax, I have trubo tax delux, am trying to llist interest for sales of EE bonds, need answers

You did NOT sell the bonds if you turned them in at a bank and they are not on a form 1099-B ... if you just have to enter the interest on the redemptions then it is entered in the 1099-INT section only ... do NOT enter them as sales in the investment section. 

View solution in original post

2 Replies
Level 15

I need to talk to turbo tax, I have trubo tax delux, am trying to llist interest for sales of EE bonds, need answers

You did NOT sell the bonds if you turned them in at a bank and they are not on a form 1099-B ... if you just have to enter the interest on the redemptions then it is entered in the 1099-INT section only ... do NOT enter them as sales in the investment section. 

View solution in original post

Level 2

I need to talk to turbo tax, I have trubo tax delux, am trying to llist interest for sales of EE bonds, need answers

You do not need to enter the interest for each US EE Bond sale separately.  You may total all the EE Bond interest and make one entry for the interest income.  

To enter interest income in the TurboTax software, 

  • Go to Wages & Income, then
  • Scroll down to "Interest and Dividends
  • Choose Start or Update next to "Interest on 1099-INT" and choose Start or Revisit
  • Answer Yes to "Did you receive any interest income?"
  • Choose the radio button next to "I'll type it in myself" and select Continue
  • Enter Savings Bonds or the name of the bank which cashed them and the amount interest received in Box 1 - Interest Income Amount and select Continue.  

The interview will return to the start for your next item of interest income.

Dynamic Ads
v
Privacy Settings