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URL:  http://boards.fool.com/ltltltdo-ee-savings-bonds-that-have-been-10422863.aspx

Subject:  Re: ee bonds tax rate Date:  11/19/1998  3:35 AM
Author:  gapfan Number:  6382 of 121114

<<<Do EE Savings Bonds that have been cashed in after being held more than a year get taxed at the 20% rate?>>>

No, bonds pay interest and that is taxed as ordinary income. It can be declared yearly or deferred until cashing. You cannot switch between the two methods.

gapfan :-)
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