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The Interest on Your Series EE Savings Bonds

Question 119

Multiple Choice

The interest on your Series EE savings bonds


A) will be taxable every year as it accrues.
B) will be tax deferred until redemption.
C) will be subject to both federal and state income taxes upon redemption.
D) is tax free of both federal and state income taxes upon redemption.
E) None of these.

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