Which of the Following Is Not a Tax Advantage of a Series

question 29

Multiple Choice

Which of the following is not a tax advantage of a Series EE Saving Bond?

• A) taxes are paid as the original issue discount on the bond is amortized
• B) interest earned is exempt from state taxation
• C) taxes are deferred until the bond is cashed in at maturity
• D) interest is exempt from federal taxation when used for qualifying educational expenses
• E) None of the choices are correct.

---

Definitions:

Acetylcholine

A neurotransmitter involved in many functions including muscle contraction, arousal, and memory formation.

Norepinephrine

A neurotransmitter and hormone, involved in the body's response to stress, increasing heart rate, blood pressure, and blood sugar levels.

Dopamine

A neurotransmitter involved in many functions, including motivation, reward, attention, and the regulation of movement and emotional responses.

Serotonin

A neurotransmitter that plays a key role in regulating mood, anxiety, appetite, and sleep, among other functions.