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Unformatted text preview: considered discrimination; parking is not included up to FMV of $230 a month Section 119: When meals are provided to employee on employers premises for convenience of the employer , it is excludable from AGI Gain on municipal bond is taxable, interest is not; all municipal bonds are exempt from federal tax, but not state tax if you live in another state 1,000 @ 50 = 50,000*20% = 10,000...
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- Spring '10