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    MOPARDOG's Avatar
    MOPARDOG Posts: 2, Reputation: 1
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    #1

    Jul 27, 2012, 01:46 PM
    Inheritance tax
    If the bond is cashed out is it taxable
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #2

    Jul 27, 2012, 03:01 PM
    (Please use the Answer button to continue your first post.)
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #3

    Jul 27, 2012, 03:34 PM
    Quote Originally Posted by joypulv View Post
    (Please use the Answer button to continue your first post.)
    Yes, though only the interest accrued since the death of the original owner is subject to taxation.
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