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education tax exclusion: Original post by Herb Kirchhoff of Demand Media You can avoid taxes on savings bonds if bonds pay for education. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/165/112/78493313.jpg?w=700&h=700&keep_ratio=1 Comstock/Comstock/Getty Images The Internal Revenue Service allows you to cash in your U.S. savings bonds to pay educational expenses without owing…

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