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Revision as of 17:35, 16 September 2024
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Determine the price that you pay close to taxable associated with the bond income. Use last year's tax rate, unless your income has changed substantially. In that case, cause estimate what your rate will exist. Suppose that anticipate to have the 25% rate, transfer pricing additionally are calculating the rate for a Treasury my. Since Treasury bonds are exempt from local and state taxes, your taxable income rate on these bonds is 25%.
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