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    Federal Taxation
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    Exam 18: Determination of Tax
  5. Question
    Although Exclusions Are Usually Not Reported on an Individual's Income
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Although Exclusions Are Usually Not Reported on an Individual's Income

Question 46

Question 46

True/False

Although exclusions are usually not reported on an individual's income tax return,interest income on state and local government bonds must be reported on the tax return.

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