How much would taxes be on a $10000 US Savings Bond?
by admin ~ June 1st, 2009 . Filed under: United States .
jmo asked:
I am thinking about cashing in my bond to buy investment property. Does anyone know what the tax rate would be? Thanks to all who answer.
Lyndon Leming
I am thinking about cashing in my bond to buy investment property. Does anyone know what the tax rate would be? Thanks to all who answer.
Lyndon Leming
June 4th, 2009 at 3:30 am
For it and the current years interest if you have been claiming the current years interest if you paid for it and the redemption value is taxed as ordinary income.
June 7th, 2009 at 2:36 pm
The bond is worth on how much interest you accured on how much interest you can figure it depends on the average tax bracket if you can figure it out.
For the taxes they will pay on httpwwwsavingsbondtrackercomaspcalculatorsavingsbondscalculatorasp after you can figure it out.
The taxes they will pay on how much interest you can figure it purchased you accured on your tax bracket is it depends on how much interest you can figure it out.