Ask Terry Questions ebonds & Ibonds — move from one to the other?

ebonds & Ibonds — move from one to the other?

By Terry Savage on November 13, 2022 | Chicken Money

Can you convert dormant e bonds to I bonds without incurring taxes

Terry Says

No, you must cash in the old matured E-bonds and then pay the taxes. With any remaining money you can purchase I-bonds. And many banks no longer cash in E bonds. You have to send them to the Treasury using form #1522, which you can download from this link.

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