Interest income on Series EE and Series E U.S.Savings Bonds can be reported:

Question

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Interest income on Series EE and Series E U.S. Savings Bonds can be reported either at the maturity date or on an annual basis. However, if the bond holder chooses to report it annually, it must be reported every year until the bond reaches maturity or is redeemed. Additionally, the interest income on these bonds is subject to federal income tax but is exempt from state and local income tax.

Interest Income on Series EE and Series E U