I want to use the correct box... if that is box 3 then yes, it would be exempt from state and local taxation.I have found this as it relates to the savings bond...
Right. And I appreciate you addressing the the actual source of law, but the question isn't "Is it income?" (and therefore taxable). Of course it is. (and that'...
you call it cheating.. why?The income is reported (in box 3 - you're still taxed on box 3 income). I'm not asking if I can get away with something.. I'm asking ...
I appreciate the feedback, and I see that the instructions give a list of sources for Box 3, but is this an exhaustive or exemplary list? As the IRS instruction...