Ask Terry Questions I Bonds & taxes

I Bonds & taxes

By Terry Savage on May 04, 2022 | Chicken Money

Hi Terry,
If we put I- bonds into 3 different family members’ names, how does that get listed on our taxes?
Do we list all 3 under our returns or do they get listed in each of the family members’ names?
Thanks

Terry Says

You don’t need to list them on your annual tax returns. The only time you pay taxes is when you cash them in!!

money

ASK TERRY

a personal
finance question