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Which of the following is a type of nontaxable income that does NOT need to be reported on a federal tax return? Interest income from

Which of the following is a type of nontaxable income that does NOT need to be reported on a federal tax return?

  1. Interest income from municipal bonds.
  2. Interest income from a U.S. Treasury bond.
  3. Unemployment compensation.
  4. Welfare benefits.

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