I bought an IBond 3/2004. I know you can either wait and report at redemption, or you can report interest annually as it accrues.IBonds accumulate monthly, so I need to figure out before next year's taxes whether to report annually or at redemption. It would seem simplier to just do it at the end when the bond is sold.What are the advantages/disadvantages of each way?JBeautyhttp://www.publicdebt.treas.gov/sav/sbitxrep.htm
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