Qualified private-activity municipal bond interest is? a) Taxable for regular income tax purposes but not included in th
Posted: Tue Jan 18, 2022 1:00 pm
Qualified private-activity municipal bond interest is?
a) Taxable for regular income tax purposes but not included in
the AMT computation
b)Tax exempt, but it may be included in the computation of the
alternative minimum tax(AMT)
c)Tax exempt for both regular tax and AMT
d) Taxable at the federal level but not at the state
level
a) Taxable for regular income tax purposes but not included in
the AMT computation
b)Tax exempt, but it may be included in the computation of the
alternative minimum tax(AMT)
c)Tax exempt for both regular tax and AMT
d) Taxable at the federal level but not at the state
level