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Taxable bonds are subject to federal income tax on the interest earned, while tax-exempt bonds are not subject to federal income tax on the interest earned.

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5mo ago

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Interest on City of Boston Bonds - are they Taxable or non-taxable?

No city bonds are taxable


What is the difference between treasury and corporate bonds?

Corporate bonds are issued by a company, Treasury bonds by the government


Do ionic bonds have a greater or lesser electronegativity difference between them than a covalent bond?

The difference in electronegativity between two elements bonded into a compound by ionic bonds is almost always greater than the difference in electronegativity between two elements bonded into a compound by covalent bonds.


What is one key difference between stocks and bonds?

One key difference between stocks and bonds is that stocks represent ownership in a company, while bonds represent debt owed by a company or government.


What is the difference between strength and hardness?

The difference between strength and hardness is that the strength refers to the force that is present between the bonds. Strength attributes to how strong or weak the force between the bonds. Hardness refers to the nature of the force, which basically is how rigid or flexible the bonds between particles.


Are some municipal bonds taxable?

Yes, it should be reported on your tax return. In general, interest from a municipal is not taxable, but it could affect other items on your return, or be taxable in your state. Proceeds from the sale of a muni bond could be taxable if there is a gain on the sale. This question is too complex to be fully answered in this forum. As always, consult with a tax professional for specific answers. CPA Greg


Nonpolar bonds show what electronegativity difference between atoms?

Nonpolar bonds occur when the electronegativity difference between atoms is less than 0.5. Electronegativity measures an atom's ability to attract electrons in a chemical bond. In nonpolar covalent bonds, atoms have similar electronegativities, resulting in equal sharing of electrons.


Is interest on bank account taxable or non taxable?

Taxable, of course. Virtually all interest income is taxable, unless fro a specific tax exempt type investment..like state and muni bonds.


Why some bonds are taxable in Federal as well State?

Nearly all bonds are taxable both federal and state. To be exact, the interest the bonds pay is taxable (as well as any capital gain resulting from trading bonds). The reason is that the tax code taxes interest. Bonds are a way of borrowing money and paying interest to the lender. Bonds issued by the federal government are exempt from state taxes. Bonds issued by states and municipalities are mostly exempt from federal taxes (and exempt from taxes in the state that issued them in some states).


What is the difference in the bonding between carbons atom in carbon dioxide and butane?

Butane has bonds between carbon atoms.Carbon dioxide hasn't bonds between carbon atoms.


What covalent bonds are most polar?

Bonds between two nonmetals that differ in electronegativity (EN) are usually polar. Electronegativity is the tendency of an atom to attract electrons. Nonmetals with EN differences of 0.5-1.6 form polar covalent bonds. The greater the difference, the more polar. If the EN difference is


What are the four types of chemical bonds?

Ionic Bonds-form when two atoms have a large difference in electronegativity. Covalent Bonds-form when two atoms have a very small difference in electronegativity. Polar Covalent Bonds- form when two elements bond with a moderate difference in electronegativity. Fall between ionic and covalent. Metallic Bonds-form in and between metals