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by crayonwaxy on October 4th, 2009

crayonwaxy

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Can I cash my savings bond anywhere other than a bank (like at a check cashing store)?

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  • by Sherri on October 4th, 2009

    Sherri

    No, bonds need to be cashed at a banking institute because the interest earned needs to be calculated and you will need a 1099INT at the end of the year to report the interest earned on your tax return.

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