Hello,

An education bond was purchased for my son in 1990 that matured in 2007. The description of the bond is "Connecticut State Capital Appreciation college Savings Plan-A. What is his tax liability, if any, on this bond? Is there a way to use the funds to eliminate the liability? Is this a tax free instrument. Help!!

Thanks,

RSM

This is a question specific to Connecticut, and I cannot answer it.

Recommend you access the Connecticut government website, find the tax department's section, and send them an email about this issue.