OK, first, stipulated: I am an i-bond dummy. An ignoramus.
I should not even be posting on this thread in the midst of so many i-bond wizards.
For reasons not clear to me, in 2017 I bought some i-bonds on the net.
Now it is tax time. So I’m like, where is my 1099?
Did research and discover tax payment is optional until I redeem my bonds and actually collect the interest. This is very cool since I have not redeemed my bonds, and this also appears to be the reason there is no 1099.
Bottom line, my take is to wait and not pay the tax now (i.e., in April but I might end up filing ASAP if it turns out I’m gonna get a refund - do not know yet) since next year tax rates might be lower.
This is my first time messing with i-bonds. Does anyone think I’m making a mistake?