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MOPARDOG
Jul 27, 2012, 01:46 PM
If the bond is cashed out is it taxable

joypulv
Jul 27, 2012, 03:01 PM
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AtlantaTaxExpert
Jul 27, 2012, 03:34 PM
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Yes, though only the interest accrued since the death of the original owner is subject to taxation.