Election on 1041 return for reporting ee bond interest

[rfreedman]

i BELEIVE THERE IS AN ELECTION TO REPORT EE BOND INTEREST EACH YEAR AND ONLY REPORT AT DATE OF DEATH
THE INTEREST DISTRIBUTED TO BENEFICIARIES AFTER DATE OF DEATH. WHAT IS THAT ELECTION AND WHERE CAN I FIND IT

[rfreedman]

What information forms needs to be issued to beneficiaries of an estate as to annuity interest and regular interest and dividends.

[Lion]

Forms K-1.

[TaxGuyBill]

The election is just to report it. No separate form is required to be filed.

I would include an attachment to the K-1 that tells the beneficiaries the amount of accrued interest that was reported on the final return, and some instructions to let the beneficiaries know that they should NOT report the full amount of interest when they 'cash' the bond.