US Savings Bonds/Savings Bond taxes

Bipartisan tax bill includes provision to end tax-deferral on U.S. Savings Bonds.

Full article with comments

Yesterday the IRS announced its inflation adjustments for the 2008 tax year.

Full article with comments

In his column for June 14, Learning to avoid 'taxable events', Scott Burns of the Dallas Morning News answers two questions about avoiding lumps of income that will push you into a higher tax bracket.

Full article with comments

Kiddle tax raised from 14 to 18 years old as of 1/1/2006; income limits removed on rollovers from traditional IRAs to Roth IRAs in 2010.

Full article with comments

St Petersburg Times Personal Finance Editor Helen Huntley is as frustrated as I am with investors who would rather lose money than pay taxes.

Full article with comments

Can I avoid income tax on my Savings Bond interest by using the proceeds to buy a house?

Full article with comments

My dad is 92 and in pretty good health. He has a large investment in Savings Bonds. Should he cash the bonds in or leave them to be cashed after his death?

Full article with comments

I purchased a Series I Savings Bond through Treasury Direct. Am I using accrual method accounting or the cash method? The IRS instructions say this will decide whether I should report Savings Bond interest as income each year or later.

Full article with comments

What is a living trust? What is probate? What are the problems of living trusts? How do Saving Bonds fit into all this? What about about estate taxes?

Full article with comments

If a Savings Bond has the social security number of the owner but is cashed by the co-owner, who is responsible for the income taxes on the interest?

Full article with comments

Is there any way to avoid paying taxes on Savings Bond interest - for example, signing them over to a relative, transferring them to a grandchild's education fund, or perhaps signing them over to a charity?

Full article with comments

My father-in-law wants to make my wife co-owner of $60,000 in H bonds and send them to her. If she simply places them in a saftey deposit box, will she be liable for gift tax?

Full article with comments

I have some Savings Bonds reaching final maturity. I'd like to redeem them and reinvest in new Savings Bonds. How much of the interest income should I hold back for taxes rather than reinvesting?

Full article with comments

My father-in-law converted some mature EE bonds to HH bonds in 2002. Shouldn't we get a 1099 with the interest information each year? If we do not get the 1099 who should we contact to get one?

Full article with comments

Who sends the 1099-INT tax forms for interest received on US savings bonds?

Full article with comments

Can EE savings bonds be converted to I bonds without having to pay taxes on the interest earned? Is there any way to rollover EE bonds into something else and not pay tax on the earnings of the EE bonds?

Full article with comments

If you purchase bonds through payroll deduction at work can the deductions be taken pre-tax?

Full article with comments

I have some Series EE savings bonds that have reached initial maturity (12 years) but not final maturity (30 years). Do I now have to start paying taxes on the interest earned by the bonds?

Full article with comments

My 17-year-old son has series EE bonds that now approach 10k in value. I want to have him file a tax return this year to pay the accrued interest now and then begin paying it annually before he is in a higher tax bracket. How do I go about this?

Full article with comments

When a Series EE or Series I savings bond is redeemed, do you get a 1099-INT or is it a 1099-B as if it were a sale? How is the redemption reported on your tax return?

Full article with comments

Is interest on Savings Bonds taxed at dividend rates or ordinary income rates? Do you pay state tax on US government bonds?

Full article with comments

I have inherited some E and EE bonds. If I cash some of them does the estate have to pay tax on the interest they've earned? They were in my mother's name and Social Security Number.

Full article with comments

Full article with comments