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Karina is a North Carolina resident. She is required to file a North Carolina return. She received $580 in North Carolina state bond interest. She
Karina is a North Carolina resident. She is required to file a North Carolina return. She received $580 in North Carolina state bond interest. She also received $1,800 in Texas local bond interest. Both amounts are exempt from federal tax. How is the interest from each of these states' bonds handled on her North Carolina return?
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In North Carolina state bond interest is typically exempt from state income tax regardless of whe...
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Managerial Economics
Authors: Mark Hirschey
12th edition
9780324584844, 324588860, 324584849, 978-0324588866
