I keep trying to figure out how much will I owe tax wise for redeeming a series hh bond that was openned by my grandfather years ago. Upon his death he had my name written in as owner. I redeemed the 3 bonds (5k each) and the deferred interest (about 2250), but I'm wondering how taxes work. Do I pay taxes on the full 17,250 or just on the deferred interest?? Just trying to prepare for 2011 tax time!! Any help is appreciated!
Pay taxes on Series HH savings bond??
September 14th, 2011 at 02:35 pm
September 14th, 2011 at 02:51 pm 1316011909
September 14th, 2011 at 03:02 pm 1316012542
September 14th, 2011 at 03:03 pm 1316012603
September 14th, 2011 at 03:04 pm 1316012648
September 14th, 2011 at 04:18 pm 1316017130