Interest earned on a city of Denver bond is excluded from gross income (for federal tax purposes).

Name: Interest earned on a city of Denver bond is excluded from gross income (for federal tax purposes).
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Interest earned on municipal bonds issued by a state or local government is generally excluded from gross income for federal tax purposes. Denver is a city in the state of Colorado and therefore, interest earned on a bond issued by the city of Denver would be excluded from gross income.

Interest Earned on a City of Denver Bond Is Excluded