How is CREB interest taxed?

October 27, 2026

Interest from CREB bonds is generally treated as ordinary income, like interest from a savings account or other bonds.

Cash accounts

Interest is generally taxed at your ordinary federal income tax rate, plus any state and local income tax. It's reported on your 1099.

IRAs

In a Traditional IRA, interest grows tax deferred until you take distributions. In a Roth IRA, qualified withdrawals are tax free. See IRA tax advantages.

This is general information, not tax advice. Speak with a tax professional about your situation.