The Interest Earned on Your Series EE Savings Bonds

question 150

Multiple Choice

The interest earned 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.

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