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No - Municipal bond interest is not taxable on your federal return and is not included in your adjusted gross income. However, capital gains realized from selling a bond are subject to federal and state taxes.
Most states do not tax municipal bond interest.
No - Municipal bond interest is not taxable on your federal return and is not included in your adjusted gross income. However, capital gains realized from selling a bond are subject to federal and state taxes.
Most states do not tax municipal bond interest.
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