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.

Name: 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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Interest income on state and local government bonds is not subject to federal income tax, but it must be reported on the tax return as tax-exempt interest.

Although Exclusions Are Usually Not Reported on an Individual's Income