i know if i break up a CD early, i'll get a 1099 that will show the penalty amount and i can input that on line 30 on the 1040. however, i have been unable to get a clear answer if this apples to EE and I Bonds. it is very clear that the government applies a 3-month penalty to bonds recently purchased but redeemed prior to holding 5 years (even specifying it applies to the last three months of current interest rate). but, the one year i cashed a bond prior to 2006, the bank's
1099 didn't show a penalty. i'm guessing i can't claim the amount of the penalty, since i haven't found anything to denote these bonds as applicable, but would like a confirmation that i can't. thank you.
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