Hi, new here with a question. Im at the edge of the EIC cut off for investment income.
I have fairly predictable investment income from corp bonds of just under 3100 a year in a taxable account. I also receive the eic. If I were to purchase I bonds this year and hold them for 5 years, would the interest they earn prior to "cashing" them affect my investment income with regards to the eic. Thanks for your help.
I have fairly predictable investment income from corp bonds of just under 3100 a year in a taxable account. I also receive the eic. If I were to purchase I bonds this year and hold them for 5 years, would the interest they earn prior to "cashing" them affect my investment income with regards to the eic. Thanks for your help.