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Author Question: Which one of the following statements concerning the tax treatment of municipal bonds is correct? (Read 75 times)

hannahmadyronde

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Question 1

Which of the following types of bond is least suitable for inclusion in an IRA or 401-K account?
◦ agency bonds
◦ subordinated debentures
◦ Treasury Inflation-Protected Securities (TIPs)
◦ general obligation municipal bonds

Question 2

Which one of the following statements concerning the tax treatment of municipal bonds is correct?
◦ The interest income on municipal bonds is subject to federal income tax.
◦ The capital gain realized on the sale of a municipal bond is tax-free income.
◦ Interest income on a municipal bond is usually exempt from state and local income taxes if the bond is issued by the state or locality in which the investor resides.
◦ Municipal bonds receive no special income tax treatment.


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Marked as best answer by hannahmadyronde on Mar 29, 2022

spicyzack

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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hannahmadyronde

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Reply 2 on: Mar 29, 2022
Wow, this really help


dreamfighter72

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Reply 3 on: Yesterday
:D TYSM

 

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