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Interest from a municipal bond investment is: Federally taxable and must be reported on Form 1040 Nontaxable and does not have to be reported Not
Interest from a municipal bond investment is:
Federally taxable and must be reported on Form 1040
Nontaxable and does not have to be reported
Not federally taxable, but must be reported on Form 1040
Not federally taxable and only reported on Form 1040 when the income exceeds $1500
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