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PAYROLL OFFICE

Payroll FAQs

Does my W-2 reflect adjustments for US Savings Bonds purchases through payroll deductions?

Your W-2 does not reflect adjustments for Savings Bond purchases. The interest from savings bonds is exempt from state and local income tax and may be deferred from federal tax until the bonds are redeemed.

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Caiman Country!!
Eugenio Marķa de Hostos Community College  ·  500 Grand Concourse, Bronx, New York 10451  ·  Phone (718) 518-4444
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