US SAVINGS BONDS

[taxmanbxb]

Is their a way some one can gift a savings bond in their name to someone else without the person making the having to pay taxes?

I have an elderly client who gets hit with a large tax bill when she makes gifts of us savings bonds.

Thanks for any help.

[Just-Lisa-Now-]

You want to nominee the bond interest to someone else?

[taxmanbxb]

How can they nominee the bond interest to the person they are giving the US SAVINGS BOND to?

Can they their bank is saying no.

Thanks, for any help.

[sjrcpa]

I think if you gift the bonds the tax consequences go along with the gift.

I think the US Savings Bond website contains this info. I researched this about a year ago and think that's where I found it.

[taxmanbxb]

Thank you.  Not all Banks understand this.