Quote:
Originally posted by Cynthetiq
I have some US savings bonds. I don't recall if they are the EE ones or what year they are from but they are mature now.
What's the tax implications?
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When bonds mature.....
nothing happens. You'll get a 1099 with interest income for the interest earned during the year. But when bonds mature, you have no gain or loss on the maturation, so the only taxation issue is the interest gained.
Also depends on whether they were zero-coupon bonds or not, and a host of other factors.