The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: I Bond Interest`||Date: 2/3/2007 2:54 PM|
|Author: RBMunkin||Number: 91656 of 121268|
Does anyone know if I'm supposed to report and claim as income any interest that accrues on my I Bonds each year or if I just pay tax on it when I sell them?
And if I'm suppose to claim the interest each year, how does one know how much to claim since I don't get any kind of 1099-INT for them?
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