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21. jerry and linda would like to use educational savings bonds to finance their daughter's college education. under '135, they would enjoy a tax advantage

21. jerry and linda would like to use educational savings bonds to finance their daughter's college education. under '135, they would enjoy a tax advantage for using such a bond provided:

  • it is owned jointly by spouses.
  • it was originally issued before 1990.
  • it is issued to a taxpayer who is under 24 years old.
  • it was bought by a parent and placed in their daughter's name.

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