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I am cashing in some Series EE Savings Bonds that have
I am cashing in some Series EE Savings Bonds that have matured. Is the current value "market driven?" In other words, should I wait until the market comes back up after this COVID-19 smooths out?… read more
Rick
Rick
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Trying to determine how much capital gains I may or may not
Trying to determine how much capital gains I may or may not owe. … read more
Lev
Lev
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If I buy and give an EE bond to a friend, do I have to put
If I buy and give an EE bond to a friend, do I have to put it on my taxes? It's a gift for a friend's child … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
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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
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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
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A taxpayer dies in 2014. Her Estate includes Series HH bonds
A taxpayer dies in 2014. Her Estate includes Series HH bonds that have approximately 85,000 of deferred interest which will be taxable in 2014. The bonds were in the decedent's name (joint with her hu… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
My elderly parents (80s) have 6 series EE bonds that they purchased
My elderly parents (80s) have 6 series EE bonds that they purchased in 1986. When they reach maturity in 2016, is there any way to roll over the gains without having to pay income tax? These bonds are… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
19,075 satisfied customers
6 of us will receive inheritance of EE Savings Bonds from my
6 of us will receive inheritance of EE Savings Bonds from my father. They have not been cashed, thus not taxed. We are trying to decide whether to take the money and add to our incomes and then pay ta… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
47,731 satisfied customers
I am the exec for an estate that has designated CDs and series
I am the exec for an estate that has designated CDs and series EE bonds to charities. I need guidance re the tax implications for myself as the exec for the estate, the estate itself, and the charitie… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
Last year we sold some series EE savings bonds that my wife
Last year we sold some series EE savings bonds that my wife inherited about 5 years ago. I received a 1099-int from the bank where I traded in the bonds. is it possible to claim any or all of the inte… read more
ezcpa
ezcpa
Certified Public Accountant
Bachelor's Degree
75 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
As the executor of my Mothers estate is there a way I can reduce
As the executor of my Mothers estate is there a way I can reduce the tax liability on EE Savings bonds. The bonds have her name and my siblings as "or" I have been told I can use form PDF1849 and then… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
47,731 satisfied customers
O K I think my balance of $18. should cover this question.
O K I think my balance of $18. should cover this question. I want to know what taxes will be owed on a matured U S savings bond valued a $10,000.?… read more
Anne_C
Anne_C
Attorney
Doctoral Degree
122 satisfied customers
My mother and dad died over 10 years ago. My mother left everything
My mother and dad died over 10 years ago. My mother left everything to me. I was going through some of the old papers the other day and found $10,000 worth of EE Bonds--all in her name. I don't know w… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
My mom passed away June 5th and left each of us five children
My mom passed away June 5th and left each of us five children bonds, but they aare now in differing amounts. She wants everything in her estate to be divided equally. Since there is a range of $ 7,000… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
20,865 satisfied customers
Do you have to declare interest from savings bonds
We cashed in several series EE savings bonds in 2006 and the paperwork states that we may not have to declare the dividends/interest.… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,136 satisfied customers
I redeemed some HH Bonds this year in the amount of ...
I redeemed some HH Bonds this year in the amount of $13K. I need to know how much I will owe in taxes for this when I file my taxes.… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,136 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
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