Which of the following is not a tax advantage of a Series EE savings bond? Multiple Choice O O Taxes are paid as the original issue discount on the bond is amortized. Interest earned is exempt from state taxation. Taxes are deferred until the bond is cashed in at maturity. Interest is exempt from federal taxation when used for qualifying educatiomal expenses.

Which of the following is not a tax advantage of a Series EE savings bond? Multiple Choice Taxes are paid as the original issue discount on the bond is amortized. Interest earned is exempt from state taxation. Taxes are deferred until the bond is cashed in at maturity. Interest is exempt from federal taxation when used for qualifying educat ial expenses