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NEW ISSUE BOOKENTRYONLYRATINGS: See RATINGS herein In the opinion of Ice Miller, Indianapolis, Indiana, Bond Counsel, under existing laws, regulations, judicial decisions and rulings, interest on
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Interest on form bonds is the amount paid by the issuer to the bondholder for the use of their money.
Anyone who earns interest income from form bonds is required to report it on their tax return.
To fill out interest on form bonds, you must report the amount of interest income received on the appropriate tax form.
The purpose of interest on form bonds is to compensate bondholders for lending their money to the issuer.
The amount of interest income received, the name of the issuer, and any relevant tax information must be reported on interest on form bonds.
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