Hal_Al
Level 15

Education

Q. Am I able to take advantage of selling the iBonds and contributing to their 529’s to avoid taxation on the interest, or does that not work since I wasn’t the original purchaser? 

A. It does not work since you were not the original purchaser. 

 

Reference: https://www.treasurydirect.gov/savings-bonds/tax-information-ee-i-bonds/using-bonds-for-higher-educa...