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  • Form 8818 (rev. September 1999). Optional Form To Record Redemption Of Series Ee U.s. Savings Bonds

Get Form 8818 (rev. September 1999). Optional Form To Record Redemption Of Series Ee U.s. Savings Bonds

Nses) Department of the Treasury Internal Revenue Service Keep for your records. Do not send to the IRS. See instructions on back. Name Date cashed Part I 1 2 3 (a) Serial number 4 (c) Face value 2 3 Series I Bonds (a) Serial number (b) Issue date Add the amounts in column (c) of line 4. This is your cost of the series I bonds cashed Part III 6 (b) Issue date (must be after 1989) Add the amounts in column (c) of line 1 Multiply line 2 by 50% (.50). This is your cost of.

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Every Patriot Bond earns interest, which accrues in six-month periods. After 20 years, the Patriot Bond is guaranteed to be worth at least face value. So a $50 Patriot Bond, which was bought for $25, will be worth at least $50 after 20 years. It can continue to accrue interest for as many as 10 more years after that.

If you cashed series EE or I U.S. savings bonds this year that were issued after 1989, you may be able to exclude from your income part or all of the interest on those bonds. Use Form 8815 to figure the amount of any interest you may exclude.

Series EE savings bonds are a low-risk way to save money. They earn interest regularly for 30 years (or until you cash them if you do that before 30 years). For EE bonds you buy now, we guarantee that the bond will double in value in 20 years, even if we have to add money at 20 years to make that happen.

How to get the most value from your savings bonds Face ValuePurchase Amount30-Year Value (Purchased May 1990)$50 Bond$100$207.36$100 Bond$200$414.72$500 Bond$400$1,036.80$1,000 Bond$800$2,073.60

I cashed some Series E, Series EE, and Series I savings bonds. How do I report the interest? In general, you must report the interest in income in the taxable year in which you redeemed the bonds to the extent you did not include the interest in income in a prior taxable year.

Your record must include the serial number, issue date, face value, and total redemption proceeds (principal and interest) of each bond. You can use Form 8818, Optional Form To Record Redemption of Series EE and I U.S. Savings Bonds Issued After 1989, as your written record.

If you buy an EE bond now, we guarantee that in 20 years it will be worth at least twice what you paid for it. (This is true for any EE bond bought as far back as June 2003.)

We guarantee that the value of your new EE bond at 20 years will be double what you paid for it.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232