Interest income on Series EE and Series E U.S. Savings Bonds can be reported:

A. only at the maturity date of the bond issue.
B. either at the maturity date or on an annual basis.
C. only on an annual basis.
D. No need to report; this type of interest income is always tax-exempt income.


Answer: B

Business

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a. order goods from vendors b. record receipt of goods from vendors c. authorize the purchasing department to order goods d. bill for goods delivered

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Worldwide, labor tends to be

A. well-trained. B. immobile. C. unreliable. D. mobile.

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People who look to investments to provide a steady and reasonably predictable flow of income should invest in all of the following EXCEPT:

a. precious metals b. T-bills c. corporate bonds d. utilities stock e. blue-chip stocks

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Insurance cannot be sold directly to the insured by the insurer

Indicate whether the statement is true or false

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