Treasury bonds lo invest chesthe no need to pay TAX?

[AngularSurya]

Treasury bonds lo invest chesthe no need to pay tax ?

[Pavanonline]

You have to 

[Tenali]

interest gained from tbills or treasury bonds will not be subject to state income tax but they will be counted towards federal income.

Summary - No State income tax on t bonds gains.   But you need to federal tax on gains. 

[Hindhustani]

On 4/6/2023 at 4:47 PM, Tenali said:

interest gained from tbills or treasury bonds will not be subject to state income tax but they will be counted towards federal income.

Summary - No State income tax on t bonds gains.   But you need to federal tax on gains. 

Bro last year I put 10k in i bond I still see the amount no growth, any idea , anything I’m missing here ? 

[Dutton]

21 minutes ago, Hindhustani said:

Bro last year I put 10k in i bond I still see the amount no growth, any idea , anything I’m missing here ? 

Which month in last year did you make the purchase ?

[Hindhustani]

15 minutes ago, Dutton said:

Which month in last year did you make the purchase ?

Around aug or sep I think bro

[Dutton]

2 minutes ago, Hindhustani said:

Around aug or sep I think bro

"Note: For bonds less than 5 years old, values shown in TreasuryDirect and the Calculator don't include the last 3 months of interest."   I-bonds always show the bond value minus the latest 3 months interest.  If you bought'em in Jan, the interest value gained from Jan - March would be added to you r bond on July 1st . 

[Dutton]

7 minutes ago, Hindhustani said:

Around aug or sep I think bro

This is a 2 minute read. Hope it helps 

https://www.treasurydirect.gov/savings-bonds/i-bonds/i-bonds-interest-rates/

[Dutton]

On 4/6/2023 at 3:01 PM, AngularSurya said:

Treasury bonds lo invest chesthe no need to pay tax ?

Go here https://www.treasurydirect.gov/savings-bonds/tax-information-ee-i-bonds/#:~:text=You may choose to report,a 1099-INT every year.

Refer sections Deferring until you get the interest  &  Reporting the interest every year. 

Decide yourself. Not a tax advice though.