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Michael DiSabatino of Sharp CFO™ offers expert insights to help you unlock your business's full potential by delivering proven strategies for maximizing tax savings, streamlining operations, and driving sustainable growth.

Reporting Interest on U.S. Savings Bonds

Reporting Interest on U.S. Savings Bonds

If you recently purchased U.S. savings bonds and wish to know how you must report the interest income on those bonds...

If you use the cash method of accounting, as most individual taxpayers do, you generally report the interest on U.S. savings bonds when you receive it. However, you report the interest on series EE, series E, and series I bonds in either of the following ways:

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