U.S. Savings Bond questions, Inherited and not.
My 92-year old Mother was a very private person, I did not know she had Savings Bonds in our Joint names.
I have not been able to find canceled checks or registers describing them.
Neither can I find 1040 Federal or State tax forms.
Her banks have no record of Safe Deposit Boxes.
I think there might be Bonds sticking somewhere unknown.
How can I identify the institution where she bought the Bonds,
or find a list of her Bonds without having the Bonds?
How am I taxed on the Bond purchase price
and the generated interest?
She also has Bonds in her own name.
Will these be taxed differently?
I expect replies of "Hire an accountant", etc.
Don't waste your ink;
I've been down that road
with disappointing results.
I have coined the phrase;
"10% of Professionals graduated in the top 10% of their class,
the other 90% graduated in the bottom 90%"
I value "Been there - done that" replies greatly.
Thanks a LOT.