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Report accrued EE Bond interest on final tax return

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    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.

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    Originally posted by Gretel View Post
    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.

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