Ask Terry Questions we are redeeming savings bond and want to know how to avoid taxes on them.

we are redeeming savings bond and want to know how to avoid taxes on them.

By Terry Savage on November 08, 2022 | Chicken Money

Savings bonds HH H & E totalling $31.000 We are iin our 80s do you have any recommendations on how we save paying tax? reinvest them? ……
thank you Terry for any advice..

Terry Says

There is no way to avoid paying taxes when you cash in Savings Bonds! After you pay the taxes, you can buy more!

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