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Form 8815 online DE: What You Should Know
For example, if your Series EE bonds had 3.15 percent rate of interest, and you cashed them in 2013, you would be allowed to exclude the portion of the interest earned in 2023 (that is, 500) as a business expense since 2013. How to figure the exclusion amount. To figure the exclusion amount, enter the interest income for each Series EE and I bond into the appropriate tab in Schedule B. Do NOT include any interest that may have been paid in the 2023 or 2023 year. Enter the following information for the savings bonds when the interest was paid.
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