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#2
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| "softXXX" <soft[at]ware.com> wrote in message news:47E18B82.7090806[at]ware.com... - quote - > Last year I redeemed EE bonds (purchased in 1981) and
--> I Bonds (purchased in 2001). Is the interest taxable > as (Schedule B) Regular Interest or as Capital gains? > TIA > Remember it is State Tax Free also.! << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#1
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| Rich Carreiro wrote: - quote - > softXXX <soft[at]ware.com> writes:
Thank you! Much appreciated...> > Last year I redeemed EE bonds (purchased in 1981) and > > I Bonds (purchased in 2001). Is the interest taxable > > as (Schedule B) Regular Interest or as Capital gains? > It's interest, not cap gains. Schedule B it is. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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| softXXX <soft[at]ware.com> writes: - quote - > Last year I redeemed EE bonds (purchased in 1981) and
It's interest, not cap gains. Schedule B it is.> I Bonds (purchased in 2001). Is the interest taxable > as (Schedule B) Regular Interest or as Capital gains? -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#-1
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| Last year I redeemed EE bonds (purchased in 1981) and I Bonds (purchased in 2001). Is the interest taxable as (Schedule B) Regular Interest or as Capital gains? TIA -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
| Tags |
| bond, interest, savings, taxable |
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