Essentials of Federal Income Bond Interest. (Obj. 1) A single taxpayer owns five different bonds listed below. During the current year she received the interest amounts shown. In the space provided for each bond, state the amount of interest to be included in or excluded from gross income. If excluded, why. 8. state Interest Date Purchased Issuer Bond $ 276 800 600 1,000 500 12-10-06 7-1-09 2-1-12 11-1-14 7-10-15 Racer Tannery City of Austin U.S. Treasury Matured Series EE U.S. Savings Kingsville School District Interest Excludable and Why Interest Includable Bond ABCDE AB DE