Page 52 - Interest Income - Individuals
P. 52

Form 1099-INT for U.S. savings bonds interest (2/4)








                      1099-INT                                     1099-INT                                    1099-INT


            You chose to report the                     You received the bond                       Ownership of the bond
            increase in the redemption                  from a decedent. The                        was transferred. The
            value of the bond each year.                interest shown on your                      interest shown on your
            The interest shown on your                  Form 1099-INT won't be                      Form 1099-INT won't be
            Form 1099-INT won't be
            reduced by amounts                          reduced by any interest                     reduced by interest that
            previously included in income.              reported by the decedent                    accrued before the
                                                        before death, or on the                     transfer.

                                                        decedent's final return, or
                                                        by the estate on the
                                                        estate's income tax return.













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