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November 29, 2023
Question

Getting conflicting info on this for those who have redeemed minor/child linked bonds does Treasury Direct issue the 1099 for minor/child bonds redeemed in name and social of minor/child or is it in the parent's name social?

  • November 29, 2023
  • 2 replies
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Getting conflicting info on this for those who have redeemed minor/child linked bonds does Treasury Direct issue the 1099 for minor/child bonds redeemed in name and social of minor/child or is it in the parent's name social?

2 replies

Employee
November 29, 2023

Depends on who’s the owner of the bond. That person will receive the 1099-INT. 

SteamTrain
Employee
November 30, 2023

...and Treasury Direct will not send them out in the mail.

 

You will have to log into that Treas. Direct account sometime in mid-Late January to download the 1099-INT from that particular account.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*