E Bonds I Bonds
can i convert 30 years of E Bonds to I Bonds ? will there be a tax penalty?
Terry Says
If your Series E bonds have matured, or if you sell them before full maturity, you’ll have to pay tax on the gains — federal, not state income taxes.
Then you can purchase up to $10,000 of electronic I bonds in one year..
Go to this link at www.TreasuryDirect.gov to learn find out the value of your old savings bonds.
