Form 1040 and the education deduction

When Series EE Bonds are redeemed for college how is it reported on IRS 1040? Tom's response

Use IRS Form 8815 to figure out how much your deduction is.

• If you use Form 1040, enter the exclusion on line 3 of Schedule B.
• If you use Form 1040A, enter the exclusion on line 2 of Schedule 1.

Attach the Form 8815 to your return. Click here for a link to this form, as well as lots of other information about the savings bond education deduction.