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Sage had municipal bond interest of $5,000, certificate of deposit interest of $3,000, reinvested corporate bond interest of $3,000, mutual fund municipal bond interest of
Sage had municipal bond interest of $5,000, certificate of deposit interest of $3,000, reinvested corporate bond interest of $3,000, mutual fund municipal bond interest of $8,000 and savings account interest of $600. What is Sage's taxable interest? Tax Rule/Explanation?
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