The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Working on Christmas||Date: 12/25/1999 1:01 PM|
|Author: BookmFool||Number: 23707 of 120470|
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.
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