i have a bond for the amount of 5000 ee series bought in 93 for sell unless willing tell me how to cash it have looked extensively forthe owner and no response
2007-03-04 06:28:49 · 4 answers · asked by geechi sweetest 1 in Business & Finance ➔ Personal Finance
The only one that can cash it is the owner or his/her estate. It wouldn't be worth much to anyone else.
2007-03-04 06:38:15 · answer #1 · answered by Faye H 6 · 0⤊ 0⤋
Before attempting to sell it I would contact the US Treasury and see what the status is of that particular certificate.
It is possible the real owner has already claimed it lost or stolen and received a replacement certificate.
If the bond was issued in 1993, it will not fully mature until 2023, but it is earning about $150 a year in interest. $2500+($150*13 years)=$4450 is the approximate value of the bond right now.
2007-03-04 06:44:16 · answer #2 · answered by Matthew M 3 · 0⤊ 0⤋
Check out the link below for info on redeeming the EE series bonds.
2007-03-04 06:33:56 · answer #3 · answered by ISOintelligentlife 4 · 0⤊ 0⤋
If the bonds are on your mothers call the tax criminal accountability is hers no longer yours. activity on fee reductions bonds is compounded 3 hundred and sixty 5 days to 3 hundred and sixty 5 days on a quarterly foundation. the owner of the bond will pay the tax whilst it fairly is redeemed. it fairly is difficulty to tax on the fee which you pay your many times happening taxes.There are not any capital features taxes. while you're motive on cashing them in it fairly is fairly useful to unfold the redeemption over various years. this would decrease you adjusted internet income.
2016-12-14 10:32:47 · answer #4 · answered by ? 4 · 0⤊ 0⤋