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AlladinOne [14]
3 years ago
15

Which of the following are true statements about T-bills? I. T-bills typically sell in denominations of $10,000 II. Income earne

d on T-bills is exempt from all Federal taxes III. Income earned on T-bills is exempt from state and local taxes
Business
1 answer:
lakkis [162]3 years ago
7 0

Answer:

iii.Income earned on T-bills is exempt from state and local taxes.

Explanation:

Some staes might require that require that income earned from T-bills be reported regardless of the tax exempt status.

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<span>Bond prices have an inverse relationship with interest rates. As bond prices rise, yields will fall. Typically this is bullish for stocks as investors move to the equity marke .Equity is bought and sold in the stock market while debt is bought and sold in the bond market.The Stock Market is a subset of the Capital Market.</span>
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In tax year 2020, a married taxpayer with AGI of $300,000 had gross investment income of $6,150 (which included a long-term capi
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The amount of net investment income tax that the taxpayer is required to pay is $231.

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<h3>What is net investment income tax?</h3>

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my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity

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In the other vein, I would need to develop my weaknesses in the areas of over-tolerance and the useof vogue language when angry.

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