I cashed some Series E, Series EE and Series I savings bonds, how
do I report the interest?
If your total taxable interest for the year is more than $1500, you report
(and separately identify) the interest on Schedule B of Form 1040 or Schedule
1 of Form 1040A. If your total interest is not more than $1500 for the year,
report the savings bond interest with your other interest on the "Interest"
line of your tax return. If you do not report the increase in the redemption
value of the bonds as interest each year, you must report all of the interest
in the year they are cashed or otherwise disposed of.