Dec 3, 2024 · If you cashed series EE or I U.S. savings bonds this year that were issued after 1989, you may be able to exclude from your income part or all of the interest on those bonds. …

8815 Department of the Treasury Internal Revenue Service Exclusion of Interest From Series EE and I U.S. Savings Bonds Issued After 1989 (For Filers With Qualified Higher Education …

Oct 10, 2023 · What is Form 8815? If you redeemed Series EE or Series I U.S. savings bonds to pay for higher education expenses, use Form 8815 to exclude the interest from your income. …

You can find the current cut-off amount on IRS Form 8815. You cash the qualifying savings bonds in the same tax year for which you are claiming the exclusion. You paid qualified higher …

Can I exclude the interest from my Series EE or I bonds (Form 8815)? If you cash in bonds and use the proceeds to pay for higher education expenses, you may be able to exclude the bond …

Mar 9, 2025 · Learn how to navigate Form 8815 to exclude U.S. savings bond interest from taxable income when used for education, including key eligibility and filing steps.

Use Form 8815 to figure the interest income you can exclude from income. The interest income exclusion is phased out at higher income levels. The levels are based on modified adjusted …

Learn tax benefits with Form 8815. Exclude interest from Series EE and I U.S. Savings Bonds. Maximize savings and your financial strategy.

Jul 25, 2024 · For the latest information about developments related to Form 8815 and its instructions, such as legislation enacted after they were published, go to www.irs.gov/Form8815 .

Aug 4, 2023 · If you have U.S. savings bonds and used them to pay for college, you could lower your tax bill using IRS Form 8815. Learn more in our guide!