1-Which of the following usually is not taxable for US income tax purposes?:

	interest on state and local bonds
	interest on US government bonds
	gains and losses from sales of state and local bonds
	amortization of the discount on corporate 0% coupon bonds

2-

Which of the following dividends are not considered taxable income?

Question 8 options:

	dividends of property
	proportional stock dividends
	non-proportional stock dividends
	all of the above are taxable income