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Which of the following statements is TRUE regarding municipal bonds? a . Interest from a municipal bond will be reported on Form 1 0 9
Which of the following statements is TRUE regarding municipal bonds? a Interest from a municipal bond will be reported on Form INT, box b Interest income from municipal bonds is taxable on the taxpayer's federal return. c Municipal bonds are generally issued by state and local governments to fund capital improvement projects. d Municipal bond interest is not taxable at the state or federal level.
Which of the following statements is TRUE regarding municipal bonds?
a Interest from a municipal bond will be reported on Form INT, box
b Interest income from municipal bonds is taxable on the taxpayer's federal return.
c Municipal bonds are generally issued by state and local governments to fund capital improvement projects.
d Municipal bond interest is not taxable at the state or federal level.
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