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1. Students who pay out-of-pocket tuition are able to deduct the amount, so it should not be taxable for those who are rewarded scholarships.

Is this correct?--- one paragraph response with one reference.

2.Muni interest income is typically tax exempt on the federal 1040 but interest income on debt securities issued by the US is taxable. Why?? -- one paragraph response with one reference

    • 5 years ago
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