Is their a way some one can gift a savings bond in their name to someone else without the person making the having to pay taxes?
I have an elderly client who gets hit with a large tax bill when she makes gifts of us savings bonds.
Thanks for any help.
I think if you gift the bonds the tax consequences go along with the gift.
I think the US Savings Bond website contains this info. I researched this about a year ago and think that's where I found it.