Legal Question in Tax Law in California
capital gains vs ordinary income
Under what circumstances may interest income from series EE US savings bonds be construed as capital gains vs ordinary income?
Asked on 4/16/08, 8:13 pm
1 Answer from Attorneys
Lew Wiener
Law Office of Lewis R Wiener
Re: capital gains vs ordinary income
It is always ordinary income
Answered on 4/16/08, 9:25 pm