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NEIA | Need some help or who can I ask to get an answer to my question. My cpa doesn't know. He has been doing it for over 30 years and has only had 2 people with savings bonds.
I purchased savings bonds thru payroll deduction when I worked in town. A long time ago. They are in my children's name. Now the bonds have all matured and my kids are in there 40's. I'm going to give them to them now.
Question I have is can they be used to pay for their kids college without paying taxes on the interest? I know some can't be they were purchased before 1989. The one sticking point says -you must have been at least 24 years old when they were issued. They were probably 10, but me being the purchaser was over 24. | |
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Help with EE savings bonds
