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Revision as of 12:43, 16 August 2026

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Make sure you are aware of the exemptions ascribed to the bond university. For example, municipal bonds are generally exempt from federal taxes, and always be exempt from state and local taxes in cases where you are a resident of this state.

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This gives us a combined total of $110,901, our itemized deductions of $19,349 and exemptions of $14,600 stay the same, giving us an overall taxable income of $76,952.

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