Savings Bonds-US Savings Bonds

Unlike traditional bonds, saving bonds are not subject to the ups and downs of the stock market. Savings bonds are low risk, government-backed bonds with guaranteed rates of interest. There is a tax advantage to savings bonds because the owner may be able to partially or completely exclude their interest from Federal income tax.There are [...]

jlmblack asked: Okay, say I’m gonna apply for some sort of loan. In the paperwork you’re usually asked about you accounts and assets, etc. If I invested a whole lot of money in savings bonds (like the ones your grandma buys you, ee, hh, etc..), do these count as assets? I have [...]

Keli D asked: I have 13 savings bonds that my grandma left me, How do I figure how much they are worth now?Leroy Leroy

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Wendy asked: I received 2007 1099-INT forms from my bank for the bonds I cashed in, and a Federal Form 1098-T from my University for the tuition amount. I have receipts for books I purchased. If I must pay taxes, can I also deduct other expenses, like gas mileage to and from college [...]