Savings Bonds Interest: Inclusion Issues and Reporting Requirements

In Private Letter Ruling 201409001 (Feb. 28, 2014), the Internal Revenue Service released a decision regarding four issues surrounding savings bonds that were transferred to a trust. 

A decedent and her husband bought paper U.S. Series I bonds.  One bond was registered to the decedent and one of three other individuals (A, B or C).  The other bond was registered to A and the decedent, B or C.  On a subsequent date, the

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish