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bond info
hi taxman. i have some bonds that my grandparents bought for me many years ago. my question is i know that there are taxes related to these bonds if i cash them which sucks. what's the best way to make sure i get the lowest amount of taxes taken out of my bonds. how do i file my taxes if i cash these bonds with the receipt the bank gives me? is it possible for the band to take the taxes directly out as i cash the bonds to save me the hassle of filing taxes and claiming the bonds? thanks in advance!
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