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    RSM's Avatar
    RSM Posts: 43, Reputation: 4
    Junior Member
    		  
    #1

    Feb 22, 2008, 11:06 AM
    1099-B MAtured education Bond
    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
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Mar 7, 2008, 01:44 PM
    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.
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