Interest on most bonds issued by states is usually exempt from:
A) State income tax but not federal
B) Federal income tax but not state
C) Both state and federal income taxes
D) City income taxes

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

Interest on Most Bonds Issued by States Is Usually Exempt