Interest is subject to federal tax but is exempt from all state and local taxes. 💻 How to Buy Directly via TreasuryDirect Treasury Bills - TreasuryDirect
You pay less than the face value upfront. For example, you might pay $990 for a $1,000 bill. buy t bills directly
When the bill matures, the government pays you the full face value ($1,000). The difference is your earned interest. Interest is subject to federal tax but is