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CO online Form 8815: What You Should Know
Exclusion of Interest From Series EE or I under Treasury Regulation Section 1.671-3T. You will make a payment to the trustee of the trust fund. You will not receive interest on any tax-exempt bonds issued after the interest deduction is taken. Your child (if under the age of 21 on the date of the bond transaction) may also receive interest if the trust has no surviving beneficiary with a financial interest in the trust. It's time for the next installment of our series, which addresses the tax treatment of the U.S.
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