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Treasurydirect investment

Hindhustani

By Hindhustani
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GunturMirchiBajji Side Hero

GunturMirchiBajji

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There is no state tax on interest but you have to pay federal tax.

ilakatamaflia Hero

ilakatamaflia

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2 hours ago, Hindhustani said:

If we buy bonds from treasurydirect can we claim tax benefits?

Were u able to open ..the accoubt wt treasury direct ?

phatposts Sr. Hero

phatposts

Posted
Posted

No tax deductions eligibility. 

INterest can be tax deferred till the time you cash out. Compunding at 6 months rate anuko. 

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