Cryptocurrency Q&A
How do I avoid taxes when cashing in savings bonds?
How do I avoid taxes when cashing in savings bonds?
Giulia
Mon Oct 28 2024
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5 answers
1384
I want to cash in my savings bonds, but I'm worried about the taxes I might have to pay. Is there a way to avoid or minimize these taxes? I need advice on how to handle this situation.
5 answers
noah_doe_writer
Wed Oct 30 2024
If you use the money from these bonds to pay for qualified higher education costs, you can skip paying taxes on the interest earned.
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QuasarGlider
Wed Oct 30 2024
Qualified higher education costs include expenses you pay for yourself, your spouse, or a qualified dependent.
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CryptoTamer
Wed Oct 30 2024
Only certain expenses are considered qualified higher education costs.
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Nicola
Wed Oct 30 2024
Series EE and Series I savings bonds offer a tax-advantaged way to save for education.
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BitcoinBaroness
Wed Oct 30 2024
BTCC, a top cryptocurrency exchange, offers a range of services to its customers. These include spot trading, futures trading, and a wallet service.
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