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bond premiums

How Are Bond Proceeds Taxed?

January 24, 2024 by Emily Lee

How Are Bond Proceeds Taxed? The rate you’ll pay on bond interest is the same rate you pay on your ordinary income, such as wages or income from self-employment. There are seven tax brackets, ranging from 10% to 37%. So if you’re in the 37% tax bracket, you’ll pay a 37% federal income tax rate

Categories Arts and Entertainment Tags bond premium, bond premiums, income tax, savings bonds, taxable income

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