How Does Tax Relief Work: Difference between revisions

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Revision as of 13:34, 22 September 2024

Investing in bonds is a good to be able to earn reasonable returns, how do whining whether a tax free bond or even perhaps a taxable bond is extremely investment? A bond is actually the lending of money to another party. Bonds are issued as to safeguard the money loaned. Most bonds can be corporate or governmental. They are traditionally issued in $1,000 face amount. Interest is paid on an annual or semi-annual premise. Corporate bonds are taxable, while some governmentals are non-taxable. Municipal bonds and I-bonds (issued by the U.S. Treasury) are non-taxable.

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