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Determine final results that you've got to pay located on the taxable associated with the bond income. Use last year's tax rate, unless your income has changed substantially. In the sense that case, cause estimate what your rate will choose to be. Suppose that you expect to experience the 25% rate, and also are calculating the rate for a Treasury union. Since Treasury bonds are exempt from local and state taxes, your taxable income rate on these bonds is 25%.
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