Question:

When I turn in a US savings bond (series EE) do I have to pay taxes on only the interest earned or...?

by  |  earlier

0 LIKES UnLike

principal + interest?

Thanks.

 Tags:

   Report

3 ANSWERS


  1. Only the interest earned and only at the federal level.  No state and local tax.


  2. You only pay taxes on the interest earned while you've owned the bond.

  3. You pay tax on the interest earned.

Question Stats

Latest activity: earlier.
This question has 3 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.