Report a municipal bond and income from the bond in Part 6.

For You, Your Spouse, and Your Dependent Children

Part 6

Report a bond if the value of the bond was more than $1,000 at the end of the reporting period or if more than $200 in income was received during the reporting period.

Description:  Provide the name of the issuing government authority and identify the asset as a bond.  You do not need to include the terms of the bond.

EIF:  Select “N/A.”

Value:  Report the value of the bond by selecting the appropriate category.

Income Type:  Specify the type(s) of income if the total amount of income received during the reporting period exceeded $200.  Bonds normally produce interest income but may also produce capital gains if sold.

Income Amount:  Select the category corresponding to the total amount of income received during the reporting period.

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