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I discovered in 2019 that I had US Savings Bonds Series EE
I discovered in 2019 that I had US Savings Bonds Series EE that matured in 2016, 2017, 2018, and 2019. I tendered them at B of A and received a 2019 1099-INT related to the total interest paid on the … read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,320 satisfied customers
I have found some old E and EE bonds dating back to 1979
I have found some old E and EE bonds dating back to 1979 listing me as beneficiary. Are the taxes paid on these in the year I cash them in? … read more
Rick
Rick
MBA
1,489 satisfied customers
I had purchase US Savings bonds 30 years ago and they are
Hello my name is Tom, I had purchase US Savings bonds 30 years ago and they are starting to mature this year. The amount total amount would be around $75,000. I wanted to use these funds toward my 14 … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,772 satisfied customers
An decedent passed away a few years ago (2012). Recently,
An decedent passed away a few years ago (2012). Recently, his family discovered some series EE bonds that were titled in the decedent's name. The decedent was a cash basis taxpayer. The interest on th… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,665 satisfied customers
I have matured savings bonds that matured in 2008,2009,2011,2012,2013.
I have matured savings bonds that matured in 2008,2009,2011,2012,2013. Since I did not cash these in the year that they matured, do I have to make an amendment to each year to report the interest in t… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
18,818 satisfied customers
I have a client who has matured saving bonds. the interest
I have a client who has matured saving bonds. the interest on these bonds is taxable, I know that, but say she had a 100 dollar bond, she bought for $50. is the $50 it earned added to the amount of in… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
42,998 satisfied customers
I have some Paper Series EE US Savings Bonds that matured between
I have some Paper Series EE US Savings Bonds that matured between June 2013 and December 2013. I did not redeem (cash in) the Bonds in 2013. Currently, they still have not been redeemed. The IRS tax r… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,665 satisfied customers
Hello! Ive got what a tricky question for you - I think.
Hello! I've got what a tricky question for you - I think. My dad passed away in 2010. He had 267 EE Savings Bonds at different levels of maturity. The original cost of the bonds was $15,550. Their cur… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,772 satisfied customers
I have foreign fixed deposit and it is not matured yet. Principal
I have foreign fixed deposit and it is not matured yet. Principal and Interest will be paid at the end of term (10 years). Can I report the interest received at the end of term or do I have to report … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
18,818 satisfied customers
Is interest earned on US Savings bonds & Trasury obligations
Is interest earned on US Savings bonds & Trasury obligations taxable for Federal tax purposes. Is it taxable on the Commonwealth of PA return for a PA resident?… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
42,998 satisfied customers
My Gramma is getting older (93) and discovered she has $187K
My Gramma is getting older (93) and discovered she has $187K in bonds. Some have matured and some have not. What is the best thing she should do with them to lesson tax burden or eliminate a death pen… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,356 satisfied customers
My father recently passed away and had $75,000 in HH savings
My father recently passed away and had $75,000 in HH savings bonds that were in both his name and my name. Each bond has a deferred interest amount on the face of the bond. I have cashed the bonds and… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
My 87 year old father has US Savings bonds (old). My mother
My 87 year old father has US Savings bonds (old). My mother is dead. They are no longer earning interest and he does not want to cash them in and have to pay the taxes on the interest. Can he gift the… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
42,998 satisfied customers
I recently found Seriess EE Bonds belonging to my mother. My
I recently found Seriess EE Bonds belonging to my mother. My mother died in 2007 and all final tax documents(estate and personal) were filed in 2008. I would be entitled to 50% of the proceeds with th… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
I recently discovered my elderly father did not redeem his
I recently discovered my elderly father did not redeem his Series E savings bond. How do I help my father to now redeem these and minimize the tax consequences as much as possible?… read more
Merlo
Merlo
Tax Consultant
558 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
Recently, I received 3 savings bonds my uncle left me after ...
Recently, I received 3 savings bonds my uncle left me after his death. I cashed them and included with interest was $11, 500. I realize this will be reported to the IRS but my question is, do I only p… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,136 satisfied customers
I bought zero coupon municipal bonds some years ...
I bought zero coupon municipal bonds some years ago. Now they have matured and the brokerage holding them have reported the matured value ,on the 1099B, as proceeds from a sale ,just as if it were sto… read more
Jon Andrews
Jon Andrews
CPA
3,038 satisfied customers
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