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Financial Planning / Tax Strategies


Subject:  Working on Christmas Date:  12/25/1999  1:01 PM
Author:  BookmFool Number:  23707 of 127753

First, I just wanted to let everyone know how fortunate they are not having to work today, Ptuey! Anyway, I was looking for something and am asking for help on locating it.

I cannot find this anywhere, but when EE savings bonds are cashed in, what rate is used to figure taxes on the interest? I thought you standard tax rate was used, say if you're in the 28% tax bracket, interest is taxed at 28%. I'm not using them for education, just putting the money to better use for about 18-20 years.

Thanks peoples.

Happy Holidays!

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