Term
| If the amount of your interest income is $1,500 you must use Schedule B. |
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Definition
False
If the amount is over $1,500 then you have to use Schedule B. |
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Term
| Municipal Bonds are not taxable to IRS and if they are Municipal Bonds of Oregon they are not taxable to Oregon |
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Definition
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Term
| US Treasury Bonds are in general taxable to IRS but nontaxable to Oregon. |
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Definition
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Term
| A municipal bond of Washinton is taxable to both Federal and Oregon. |
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Definition
False
Not taxable to Federal but taxable to Oregon. Municipal Bonds of another state are taxed by Oregon. |
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