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Tax information for EE and I bonds. Note: The tax situation is different for HH bonds, which may still be earning interest. Tax information for HH savings bonds. On this page: Is savings bond interest taxable? When do I get the interest on my EE or I bonds? When must I report the interest? Where do I list the interest on my tax return?
Electronic Series EE Bonds are sold at face value and are worth their full value when available for redemption. The minimum term of ownership is one year, but a penalty is imposed if the bond is redeemed in the first five years.
11 lip 2016 · As a debt obligation of the United States federal government, Series EE bond interest – like other U.S. government debt – is not taxable to state or local governments. If you live in Florida, Texas, or one of the other states with no income tax, this won’t matter much to you.
Series EE bonds don’t pay interest currently. Instead, the accrued interest is reflected in the redemption value of the bond. The U.S. Treasury issues tables showing the redemption values. The interest on EE bonds isn’t taxed as it accrues unless the owner elects to have it taxed annually.
15 gru 2021 · Interest from EE U.S. savings bonds is taxed at the federal level but not at the state or local levels for income. The interest that savings bonds earn is the amount that a bond can be redeemed...
Electronic Series EE Bonds are sold at face value and are worth their full value when available for redemption. The minimum term of ownership is one year, but a penalty is imposed if the bond is redeemed in the first five years.
1 gru 2022 · As they do with Series EE bonds, cash-basis individuals report interest on Series I bonds in the year of maturity (or in the year redeemed, if earlier). Taxpayers can use their tax refund to purchase Series I bonds.
