http://www.thesunsfinancialdiary.com/personal-finance/treasurydirect-1099-form-for-2006-available/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.thesunsfinancialdiary.com/personal-finance/treasurydirect-1099-form-for-2006-available/#comment-1799 The Sun Fri, 26 Jan 2007 19:10:59 +0000 http://www.thesunsfinancialdiary.com/2007/01/26/treasurydirect-1099-form-for-2006-available/#comment-1799 Sorry about the confusion. I probably wasn't every clear when I wrote the post. What I really meant was for I bonds, you don't pay federal taxes every year when you hold the bonds. But you do have to pay taxes when you either redeem the bonds (like 401(k) or IRA, you pay taxes when withdrawing) or when the bonds mature (usually 30 years) and you can no longer earn any interests. But you don't have to pay state taxes at all for I bonds. Sorry about the confusion. I probably wasn’t every clear when I wrote the post. What I really meant was for I bonds, you don’t pay federal taxes every year when you hold the bonds. But you do have to pay taxes when you either redeem the bonds (like 401(k) or IRA, you pay taxes when withdrawing) or when the bonds mature (usually 30 years) and you can no longer earn any interests. But you don’t have to pay state taxes at all for I bonds.

]]> http://www.thesunsfinancialdiary.com/personal-finance/treasurydirect-1099-form-for-2006-available/#comment-1798 VG Fri, 26 Jan 2007 18:58:12 +0000 http://www.thesunsfinancialdiary.com/2007/01/26/treasurydirect-1099-form-for-2006-available/#comment-1798 Are you sure that I and EE bonds are exempt from Federal and state taxes? My 1099 form shows interest from I bonds too (which I redeemed in 2006). I thought they were exempt from only state. Are you sure that I and EE bonds are exempt from Federal and state taxes? My 1099 form shows interest from I bonds too (which I redeemed in 2006). I thought they were exempt from only state.

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