Eligibility for federal student financial aid is primarily based on income as reported for tax purposes. However, tax-exempt ...

Form 1040 and no schedules except for Earned ... Interest on certain government obligations Tax-exempt interest can come from state or local government obligations that are not considered bonds ...

Exempt-interest dividends, typically distributed by municipal bond funds, are generally not subject to federal income tax, but they can be impacted by the alternative minimum tax (AMT) ...

Elfun Tax Exempt Income Fund earns an Average ... The investment seeks a high level of current interest income exempt from federal income taxation as is available from a concentration of ...

However, this exemption from Social Security tax is different from the ... or does it mean interest/dividends that are reportable on the 1040 (it could also be that case)? They are under some ...

Cities like Chicago, Atlanta and Houston, which already spend a substantial chunk of revenue to cover interest on their bond debt, could face more budget strains if Congress moves to strip the tax ...