Difference between revisions of "Tax Rates Reflect Standard Of Living"

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B) Interest earned, except for paid, during a bond year, must be accrued at the end of the bond year and reported as taxable income for that calendar year in that the bond year ends.

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If buy a national muni bond fund your interest income will be free of federal fees (but not state income taxes). One does buy scenario muni bond fund that owns bonds from your personal home state this interest income will likely be "double-tax free" for both federal assuring income value-added tax.

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