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Reportable event

Reportable event Definition

A transaction, such as a savings bond redemption or reissue (re-registration), that requires Federal income tax reporting of all interest earned from the issue date of a savings bond to the date of the transaction. Savings bond redemptions ordinarily are reportable events or dispositions. A reissue transaction is a reportable event if a living owner, principal co-owner, surviving co-owner, beneficiary, or other person entitled to ownership (for example, an heir upon the death of persons named on the bond) is not named owner or principal co-owner in the new registration on the bond issued in the transaction.

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