Quote:
Originally Posted by Maker
I do not think bond interest is deductible if you itemize. Neither is the admin fee. But your investment interest is taxable. You would need a significant higher investment gain than the bond cost to make that beneficial.
|
Nope - the bond payment on your tax bill (and inclusive interest) are neither deductible as taxes or interest.
__________________
Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence. John Adams
|