TKTax Posted March 16, 2013 Report Posted March 16, 2013 Client wishes to make a Section 454 Election to report savings bond interest on a final return. Death was in 2012. Redemption of bonds is 2013. No Form 1099 for bonds. I do have a Fed ID for the Estate. How do I Report it? Does just doing it make the election? Do I have to file a paper return? Any help appreciated. Quote
kcjenkins Posted March 16, 2013 Report Posted March 16, 2013 Add the Elections form to the return, check the box, I think its the third line? Quote
TKTax Posted March 17, 2013 Author Report Posted March 17, 2013 Thank you, KC. I looked at these elections a bunch of times, but could not see what was plainly in front of my face. Quote
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