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My mom wants to divide her savings bonds amongst her children, grandchildren and great grandchildren and give them as Christmas presents this year. Is there a way she can cash them and give the money to her family without being taxed?

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No. Cashing a savings bond automatically generates a 1099-INT.  But I think you may be able to add them as co-owners and leave them to them after death.
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No and adding co owners is considered gifting for Medicaid later.. You are giving an interest in asset to another.
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So sorry no gifting. 1099 tax form will be issued. Tax's must be paid. If she gifts anything and needs Medicaid later, this would all be taken off the 5 year look back period. No adding co-owners either. This will just foul everything up for later. Sigh....
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Can't say for her situation but, when I cashed some of mine, I had to claim it when I filed taxes.
No matter that they were 30 years old, Uncle Sam ALWAYS gets his part! 🇺🇸
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