Last year, my mother cashed a savings bond in my late father's name. The bank screwed up and issued the 1099-INT in his name. She called the number on the 1099-INT and they told her it would have to be resolved at the local branch where it was cashed. The local bank official said that there was nothing he could do; she would need a tax accountant.

Although it doesn't say it's a law, IRS Pub. 505 suggests that it is the issuer's responsibility to send out corrected 1099-INT's to my mother and the IRS. Is this correct? I would like to get this fixed soon, so I can file my mother's 2013 return. I know what's it like to deal with the IRS and shouldn't have to when it's the bank's fault.

#1;correct basically. then, Apparently the bank’d incorrectly report the interest to the irs under his ssn and not her ssn, so, I guessIt has no effect on taxes. With E, EE, and I bonds, the 1099-INT tax form that reports income to the IRS will have the social security number of whoever cashes the bond. As your mother cashes the bond, then she will get the 1099-INT. It's the SSN on the 1099-Int that is important. Your mothere just needs to contact a bank officer, a paying institution( as she is required to provide identification that matches her name on the savings bond) and an IRS agent in your local area.

#2;as mentioned above ; I am not sue however, When your father purchased the gift bond, he had to provide a Social Security Number, but it can be either your mother’s or his, a recipient's if it was a gift. The ssn (If he gave them) your father provided isn't used for tax purposes; ; the ssn printed on the bond is only used for tracking purposes in case the bond is lost.i guess there is nothing that can be done by a cpa/ea;they can’t change the ssn in 1099int; you need to contact the bank that is responsible for the mistake or irs to let them know of this

The 1099-INT in my father's name also has his SSN, so I'll need to get Chase to issue a corrected 1099-INT. I guess the Chase representative she first dealt with didn't know what the hell he was doing. Thank you for your help.

correct as you mentioned also i guess you need to contact the IRS to let them know the present issue unless you get a corrected 1099int

Hopefully, contacting the IRS won't be necessary. Thanks again.