Interest from which of the following types of bonds is included in taxable income? a. State of

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Interest from which of the following types of bonds is included in taxable income?

a. State of California bond

b. City of New Orleans bond

c. Bond of the Commonwealth of Puerto Rico

d. U.S. Treasury Bond

e. All of the above are excluded from income

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Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Mar 02, 2019 05:29 AM

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Interest from which of the following types of bonds is included in taxable income? a. State of

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