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Revision as of 13:46, 16 May 2026


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B) Interest earned, however it is not paid, throughout a bond year, must be accrued at the conclusion of the bond year and reported as taxable income for that calendar year in the fact that bond year ends.

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In addition, the exclusion is not the only good thing that significant. The income level the place each tax bracket applies was also increased for inflation.

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