Savings Bonds Tax Question?
Tuesday, March 2nd, 2010SBTaxQuestion asked: I am a college student with no job (and thus no income). Normally I would not file taxes. I have some savings bonds that I would like to cash, but I am wondering if I would need to file taxes and pay taxes on the bonds, even though I normally would not file [...]
taxes and savings bonds?
Sunday, February 28th, 2010sometimes I’m too nice asked: Last year I cashed in 640 dollars in savings bonds. How much will I have to pay in taxes on them?Ty Taruc
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If I used a savings bond to buy a laptop for college, would I be taxed on it? Or is it an educational expense?
Wednesday, February 17th, 2010Michael asked: I have $1,350 in Savings Bonds from long ago. If I used some of it to buy a laptop for college, would I be taxed on it later in the year? Or does it fall under the category of an “Educational Expense”?Mary
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Do you have to pay taxes on winning a savings bond?
Saturday, February 6th, 2010chisef asked: I won a savings bond through a private school’s benefit and was wondering if I have to pay taxes on that winning if it is in the form of a bond. I have the option to get it in cash winnings, so would I have to pay taxes for that also?Ricardo
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US Savings Bonds - is interest non-taxable when used for College Tuition?
Wednesday, February 3rd, 2010BillF asked: In the 90’s, I purchased US Savings bonds because I was told that the interest would be tax free, if the proceeds were used to pay college tuition.
Where would I look for further information - yes daughter is in college and tuition bills are coming.
I think it made a difference if the bonds [...]
hi, if i cash in my fully mature savings bonds worth an estimated $30,000, how much taxes would i have to pay?
Sunday, December 20th, 2009latterrain41 asked: my dad advised me not to cash them all at once because of all the taxes, i don’t know how much that would be?
that is with the accrued interest. without the interest, it is $22,500. i am 44 and not a dependent. also, this must wait until he passes. [...]
if savings bonds are in my name, with my ex husband p.od., can I sign them over to my daughter so no taxes?
Sunday, November 15th, 2009mollie asked: These can pay for her grad.school, and since she’ll be earning money just from a part time job, her income tax on them would be so much less than mine, if i cash them in for her.Kermit Mclearan
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Cashing in Savings bonds?
Sunday, October 11th, 2009ddrmiam asked: I would like to cash in some saving bonds to purchase a laptop computer for school. Are there tax benefits available to me for doing so.Melvin Nicoletti
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How do I pay taxes on my EE savings bonds?
Friday, September 11th, 2009Audge I asked: I’ve cashed two bonds this year, totaling over $120 in interest. I know I have to pay taxes on interest over $15, but do I have to save the reciept from the bank and remember that I cashed them a year from now? Or will I receive a statement in the mail [...]
Cashing in a savings bond — Tax Concern?
Monday, June 15th, 2009bosco asked: When I was young, my grandma would buy me (and my brothers) US Savings Bonds. I am now a grown man, and I am still holding on to them. Well, I have some home improvements coming up, and I could take out a home equity loan or line of credit to [...]













