Savings Bonds cashed in

Forum|Forum|3 years ago
April 7, 2023
2 replies
14 views

We cashed in a LOT of savings bonds. The bank sent us a 1900-INT with the info just in Box 3. No other information. Turbo Tax wants me to list all of the bonds. Can I get my bank to download all that information to Turbo Tax? Or suggest something else please!

Thanks!

VolvoGirl

Level 15

Where does Turbo Tax want you to list them? Are you in the wrong section? They don't go under sales. I cashed in 200 savings bonds last year. Just enter the total interest in box 3.

Enter Savings Bond interest like a 1099Int under

Federal Taxes tab

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Update button

On the import screen scroll down and pick I'll enter it myself.

Type any description like Savings Bond Interest

Savings Bond interest goes in box 3.

seafreeman3Author

Level 2

I entered the interest information I got from the bank (1099-INT) in box 3. When TT was checking for errors they came up with a Capital Assets work sheet to fill in...