Investing in bonds is often a good to be able to earn reasonable returns, understand do talked about how much whether a tax free bond or simply a taxable bond is the very investment? A bond will be the lending of money to another party. Bonds are issued as security for the money loaned. Most bonds can be corporate or governmental. However traditionally issued in $1,000 face amount. Interest is paid a good 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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B) Interest earned, nonetheless paid, throughout a bond year, must be accrued at the end of the bond year and reported as taxable income for the calendar year in how the bond year ends.
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