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Term Of The Hour

tax savings-bond interest: Original post by Emily Weller of Demand Media You may owe tax on the interest on an inherited savings bond. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/97/191/78492985.jpg?w=700&h=700&keep_ratio=1 Comstock/Comstock/Getty Images If you inherit cash from a relative or friend, you do not need to pay tax on it as you would other types of income. The same…

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