[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR351.9]

[Page 302-303]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 351--OFFERING OF UNITED STATES SAVINGS BONDS, SERIES EE--Table of Contents
 
Sec. 351.9  Education savings bond program.

    A bond owner or coowner may be able to exclude from income for 
Federal income tax purposes all or part of the interest received on the 
redemption of qualified U.S. Savings Bonds during the year if that owner 
or coowner paid qualified higher education expenses

[[Page 303]]

during the same year and certain other conditions are satisfied. This 
exclusion is known as the Education Savings Bond Program, and 
authoritative information about it can be found in Internal Revenue 
Service Publication 17, ``Your Federal Income Tax'', and Publication 
550, ``Investment Income and Expenses'', available from your District 
Director of the Internal Revenue Service.

[62 FR 24283, May 2, 1997]