Which of the following is not taxable income for federal income tax purposes Question 1 options Interest on obligations of the United States government Interest on state and local bonds Interest on damage award paid by City of St Paul Gain on the sale of a City of Duluth bond The second and fourth choices above

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Which of the following is not taxable income for federal income tax purposes? Question 1 options: Interest on obligations of the United States government Interest

Which of the following is not taxable income for federal income tax purposes?

Question 1 options:

	Interest on obligations of the United States government
	Interest on state and local bonds
	Interest on damage award paid by City of St. Paul
	Gain on the sale of a City of Duluth bond
	The second and fourth choices above

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