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How much tax do I pay when I cash in my bonds?
Author: Asael Becker
Website: http://www.ABC-Bonds.com
Added: Sun, Sep 24, 2006 19:58:06
Category: Bonds Questions
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It depends on what interest rate you acquired. You have to pay taxes on earnings in federal taxes. But bonds are exempt from state or local taxes, which mean you don't have to pay taxes on the state or local level.
keywords: Bond | Bonds | Financing | Stocks | Taxes About the Author:
Asael Becker answers frequently asked bonds questions at PrettyGreatAnswers.com.
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