Individual - Tax Considerations for Series HH Savings Bonds
Certain HH bonds weren’t available for cash only. To buy these HH bonds, the buyer had to trade in another security he or she had bought earlier. The earlier security could be a Series EE or Series E saving bond, or a savings note. In making the exchange, the buyer used interest earned by the original security to help pay for the HH bond.
DA: 21 PA: 55 MOZ Rank: 10