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1 October, 05:49

Which of these types of income is taxed?

a) federal tax refunds

b) stock dividends

c) interest from municipal bonds

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Answers (1)
  1. 1 October, 09:44
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    B. Stock dividends. Stock dividends are taxable under certain conditions. If the shares are from a retirement account, stock dividends are not taxed. Concerning any other accounts, any income that has been acquired is taxable in the year that it was received.
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