You may want to consider gifting one or a few of the E bonds to eligible family members - each recipient will not have to pay income taxes on the first $10,000 of the gift. I believe you will find that the bond cannot be gifted. To gift it, you must cash it and give the redeemed value (less taxes paid by you at your rate).Consulting a knowledgable tax pro couldn't hurt either.This is what I would advise at this time.Gemstarman
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