Solutions to Chapter 1

section 306 pension, [FN#3] or old-law pension? [FN#4] 3. Does the holding of Osborn apply to interest received from Series HH U.S. Savings Bonds, on which interest payments are made semi-annually rather than upon redemption? 4. Does the holding of Osborn extend to state, municipal, or other political subdivision investment bonds? HELD: 1. ................
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