Originally Posted by Miss_Lala
I cashed in about $10,500 in bonds earlier this year. Will I get a statement telling me how much interest I earned, or do I just have to guess a number on the tax sheets?
When I cashed mine in last year(2006), I received a statement at the time of cashing them in at the bank that included all of the information I needed for taxes. I believe I also received a 10-something statement from the bank at the end of the year.
Yeah, I was pretty angry about having to pay taxes on it, as it was used for college tuition.
Check out this thread on converting to a 529 plan.
Savings bonds -> 529