Report accrued EE Bond interest on final tax return

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Gretel
    Senior Member
    • Jun 2005
    • 4008

    #1

    Report accrued EE Bond interest on final tax return

    When the executor is electing to report the accrued interest for EE bonds on the deceased final tax return on cash basis, I assume it does not matter if these bonds were mature already before the deceased died or not, right? Cash basis taxpayer, did not cash bonds up to 2 years before death.
  • RitaB
    Senior Member
    • Jul 2008
    • 1382

    #2
    Right

    Originally posted by Gretel
    When the executor is electing to report the accrued interest for EE bonds on the deceased final tax return on cash basis, I assume it does not matter if these bonds were mature already before the deceased died or not, right? Cash basis taxpayer, did not cash bonds up to 2 years before death.
    That is correct.
    If you loan someone $20 and never see them again, it was probably worth it.

    Comment

    Working...