It IS income related to a Federal obligation. It does not matter that the bond was purchased on the secondary market. The Federal statue treats the difference b...
I completely agree with you. There are lots of tax experts who also agree. Interest income derived from investment in Federal obligations is exempt from being t...
The ONLY state I have ever heard of is North Carolina. And I think the Federal government should overturn that ruling because NC should NOT be allowed to tax in...
Can you reference tax code that says this income is subject to state income tax? To me, any income generated on treasury instruments should not be taxable by th...
Just out of curiosity, did you get any type of documentation or statute that was quoted from the person at the Nebraska revenue office? The reason I am asking i...