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I purchased 6 SERIES EE United Savings Bonds 12-21-01 and
I purchased 6 SERIES EE United Savings Bonds 12-21-01 and Redemed them 7-03-17. I received a Form 1099-INT. Interest Income from bank that redemed them. Are these bonds taxable on only interest or if … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have a tax question on US Savings Bonds. But the H&R Block
Yes, but the H&R Block person could not answer my question. We cashed EE bonds bought in 1986-1988. I was told we were taxed on those bonds that was at a tax rate set when we bought them. My question is what was the tax rate set in 1986 (4 1000 bonds were bought then, and a 1000 bond was bought in 1988) Thank you … read more
Bill
Bill
Master's Degree
2,074 satisfied customers
I have questions about filing the form 8815 for Series EE
I have questions about filing the form 8815 for Series EE savings bond interest. 1. Does one have to file 1040 with it, or can you use the 1040EZ? … read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,080 satisfied customers
If i have a savings bond that has matured at 30 years, I
if i have a savings bond that has matured at 30 years … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,986 satisfied customers
I received an inheritance from my mom. It included Federated
I received an inheritance from my mom. It included Federated Government Obligations totaling $24,465.21. I cashed them out. Now the IRS says I owe a $5649 tax deficiency and substantial tax understate… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,926 satisfied customers
We cashing in Series II Saving bonds we obtained back in
We cashing in Series II Saving bonds we obtained back in 1993 and want to know how to report it on our income tax return and to figure the gain-- … read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,080 satisfied customers
Starting in November I have an HH savings bond maturing
Starting in November I have an HH savings bond maturing every month for the next 4 years. The face value of each is between $500 and $5000. I'm worried about the taxable income while I'm working. Thes… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
4,172 satisfied customers
My ex-Wife won the seies EE bonds that I had been getting
My ex-Wife won the seies EE bonds that I had been getting through payroll deduction at work. The bonds are for our daughter's university tuition payments. We want to cash them and make her first tuiti… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,104 satisfied customers
Tax question--- Last year, my husband & I cashed in some savings
Tax question--- Last year, my husband & I cashed in some savings bonds that were no longer gaining interest. We rolled them over into a SEP (self-employed pension plan - my husband has a side business… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,986 satisfied customers
Can anyone please elaborate or add to this list of ways to
Can anyone please elaborate or add to this list of ways to Ways to Postpone Taxable Income or help with deductions. I know #1 is the only one helpful with deductions. 1. 401K over SEP IRA Individual 4… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,926 satisfied customers
An individual transfers investments from a Canadian account
An individual transfers investments from a Canadian account to an account in the US & then redeems the investments to purchase a condo. In addition to filing Schedules B&D with her 1040 to report the … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,926 satisfied customers
I have $359,034.82 in us savings bonds the interest on the
I have $359,034.82 in us savings bonds the interest on the bonds is $263,544.82 I'm in the 25% bracket $65,886.21 is owed to the federal govt.I need to produce an income so me and my wife could help u… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
I just cash some old us bonds from my grandmother and I have
I just cash some old us bonds from my grandmother and I have to estimate Fed and Stste (NC) taxes before I distrubute it. Interest went under my SS# XXXXX do I estimate that?… read more
Dave CPA
Dave CPA
Master's Degree
882 satisfied customers
I recently cashed in 19 savings bonds that totaled $14,060.64
I recently cashed in 19 savings bonds that totaled $14,060.64 in value, of which $7,510.64 was interest. I cashed these bonds in in preparation for purchasing my first home, which I am closing on next… read more
wm030303
wm030303
Partner
Bachelor's Degree
80 satisfied customers
We have a number of US Savings bonds that have matured (some
We have a number of US Savings bonds that have matured (some EE's, some I-Bonds) and were thinking about cashing them in to buy a house. How much tax would we have to pay if we cashed them in?… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,986 satisfied customers
My dad passed away and I received $17K that I put into a safe
My dad passed away and I received $17K that I put into a safe harbor account (I had 15% of taxes taken out for the safe harbor account), $15K that went into a 5-yr cd, $72k of savings bonds (I cashed … read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
2,290 satisfied customers
I am retired and live with my infirmed wife, also retired.
I am retired and live with my infirmed wife, also retired. I am having trouble with some of the instructions on my 2009 Tax return EZ filing. Last year I made 3500.00 above my SS income, but according… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I am one of 4 siblings (living in CA, CO, OR, and AZ). We
I am one of 4 siblings (living in CA, CO, OR, and AZ). We all inherited equally my mother''s IBonds, bank accounts, and house (she died 7/2007). We recieved 1099-INT''s for the IBonds and bank interes… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
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