Which of the following statements is correct? Interest payments paid to U.S. Fed
ID: 2639934 • Letter: W
Question
Which of the following statements is correct?
Interest payments paid to U.S. Federal bond holders are not taxed at the federal level
Interest payments paid to municipal bond holders are not taxed at the federal level
Interest payments paid to municipal bond holders are not taxed at the state level
interest payments paid to corporate bond holders are not taxed at the state level.
Interest payments paid to U.S. Federal bond holders are not taxed at the federal level
Interest payments paid to municipal bond holders are not taxed at the federal level
Interest payments paid to municipal bond holders are not taxed at the state level
interest payments paid to corporate bond holders are not taxed at the state level.
Explanation / Answer
Interest payments paid to municipal bond holders are not taxed at the state level