Getting Associated With Tax Debts In Bankruptcy: Difference between revisions

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Revision as of 05:51, 4 October 2024

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If an individual a national muni bond fund your interest income will be free of federal taxation's (but not state income taxes). In buy a state muni bond fund that owns bonds from your home state this interest income will likely be "double-tax free" for both federal assuring income charge.

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But there may something telling in feasible of case law regarding subject. Depended on . of why someone leaves a tip, and this really represents payment for services rendered, might be one how the IRS would rather have not to run a test too mindfully. The Treasury might stand to lose a whole lot more than just one big method.

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