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-   -   My dependent child's 1099-INT for savings bonds (https://www.askmehelpdesk.com/showthread.php?t=314844)

  • Feb 8, 2009, 04:29 PM
    moonsunsue
    My dependent child's 1099-INT for savings bonds
    My child has a 1099-INT for cashing in Savings Bonds which was used for College. The bonds were in her name. I am claiming her as my dependent so does she have to claim the interest. I am claiming her tuition expenses which the interest was used for. I'm confused.:confused:
  • Feb 18, 2009, 03:32 PM
    AtlantaTaxExpert
    No, the interest is in HER name, so it goes on HER tax return.

    Unless it is a LARGE number (over $800), no tax return is needed.

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