Interest on most bonds issued by states is usually exempt from:
A) state income tax but not federal.
B) from federal income tax but not state.
C) both state and federal income taxes.
D) from city income taxes.

Question

Quizplus · Accepted Answer

The Answer of Interest on most bonds issued by states is usually exempt from:
A) state income tax but not federal.
B) from federal income tax but not state.
C) both state and federal income taxes.
D) from city income taxes.

Interest on Most Bonds Issued by States Is Usually Exempt