Economics

How Are Treasury Inflation Protected Securities Taxed?

Interest payments and increases in the principal of Treasury Inflation-Protected Securities (TIPS) are subject to federal taxation, but are exempt from state and local income taxes. The sum of the semiannual interest payments paid in a given year is shown on Form 1099-INT. The amount by which the principal of your TIPS rose or decreased […]

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Who Determines GDP?

Who is in charge of calculating GDP? Economists at the Bureau of Economic Analysis in the United States Thousands of data points acquired by different federal agencies and some commercial data collectors were used to estimate GDP. BEA is a non-profit, non-political statistical organization. On bea.gov, all of its data is available for free. Who […]

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