Solved: Are paying off school loans tax free using u s ee savings bonds

Are paying off school loans tax free using u s ee savings bonds

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There is no tax break for paying off student loans with Savings bonds ( USSB). Any USSB you cashed are taxable.

There is a tax break for using USSB to pay tuition or fund a 529 plan.

There is no tax break for paying off student loans with Savings bonds ( USSB). Any USSB you cashed are taxable.

There is a tax break for using USSB to pay tuition or fund a 529 plan.

Are paying off school loans tax free using u s ee savings bonds