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6. Which of the following is taxable interest in 2020? a) Interest income from a below-market loan that is a $10,000 gift loan not used

6. Which of the following is taxable interest in 2020?

a) Interest income from a below-market loan that is a $10,000 gift loan not used to buy or carry income-producing assets.

b) Interest on a municipal bond

. c) Interest on a CD that was purchased in July of 2019 and matures in January 2020.

d) Interest on a CD that was purchased in July of 2020 and matures in January of 2021.

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