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And, if (that's a big if) you do know when a bond matures and report it properly, the client will get a Form 1099-INT when he cashes the bond years later. You can try "in and out" on his return, but he's going to get an IRS letter re unreported income. You'll be writing letters in response and printing his return from the year of reporting to attach. And, he'll think you did something wrong! I don't lose sleep over a 1099-INT in a current year that matured earlier. I do ask and I do try to help clients in low-income years find things like Sara explained. But, what the IRS requires as reporting on tax returns and what they require of banks as reporting on 1099s is different and one of many things that make our jobs harder. Just another example of the people passing the laws not reading the laws.