697201

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

posted

Connect with an expert

1 Best answer

Accepted Solutions

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

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.

View solution in original post

1 Reply

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

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.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post