The following is a question I have. City of Boston Bonds, would be a municipal bond and if so, wo…

The following is a question I have. City of Boston Bonds, would be a municipal bond and if so, wo…

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The following is a question I have. City of Boston Bonds, wouldbe a municipal bond and if so, would be tax exempt. Is the latterfully correct? If they are a muncipal bond and are tax exempt,would the interest paid out on them, be left off of the taxpayersSchedule B ? It appears that all interest included on the topportion of Schedule B must also be placed in box 8a on Form 1040however, 8a is a line for taxable interest only. If City of BostonBonds are Municipal and are tax exempt would their interest be leftoff of schedule B entirely and simply placed in box 8b of thetaxpayers 1040 ? Thanks so much for any clarification offered onthis matter.

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