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Taxpayers who amortize their bond premiums must also do what to their bonds? Nothing, since it relates to tax-exempt interest there is no impact o

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Taxpayers who amortize their bond premiums must also do what to their bonds? Nothing, since it relates to tax-exempt interest there is no impact o Reduce the basis of the bond by the same amount O Deduct these costs as an adjustment to income Take the amortization as a deduction against other passive income

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