Thanks Phil,Your right that it was total cluelessness! He had no idea the value of the bonds until Treasury sent him a letter in May saying that had over $400K in bonds that were no longer earning interest and that he needed to cash them. This relative is 83 years old and not very financially astute, but, he is great saver! I talked him into going to VITA for his taxes for the first time this year(2008). I'll have to see if VITA can help file the amended returns after he redeems the bonds.Terry
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra