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    Federal Taxation
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    Exam 19: Gross Income: Inclusions
  5. Question
    Which of the Following Bonds Do Not Generate Tax-Exempt Income
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Which of the Following Bonds Do Not Generate Tax-Exempt Income

Question 43

Question 43

Multiple Choice

Which of the following bonds do not generate tax-exempt income for federal income tax purposes?


A) U) S.Treasury bonds
B) bonds issued by fire districts
C) school district bonds
D) bonds issued by cities

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