Please clarify what problems are being experienced.
For an exclusion for US Savings Bonds EE Series to be allowed, US Treasury Direct states all five of the following apply:
You can take the exclusion if all five of the following apply:
- You cashed qualified U.S. savings bonds in the same tax year for which you are claiming the exclusion.
- You paid qualified higher education expenses in that same tax year for yourself, your spouse, or your dependents.
- Your filing status is any status except married filing separately.
- Your modified adjusted gross income was less than the cut-off amount set by the Internal Revenue Service. This amount typically changes every year. See IRS Form 8815 for the current amount.
- You were 24 or older before your savings bonds were issued.
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