Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Savings bond income tax?

I found like $700 in savings bonds a little bit ago and cash $250 already, but I was wonder what the minimum amount will be that I'd have to file and will I have to file if this is my only income for the year?

2 Answers

Relevance
  • Rogue
    Lv 6
    1 decade ago
    Favorite Answer

    No tax will be due on that minimum income.

  • Anonymous
    1 decade ago

    If a dependent, $950 in interest if $0 other income. $300 if you have wages too.

    If not a dependent, when your income (interest or wages) of $9350.

Still have questions? Get your answers by asking now.