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Entities paying more than what amount of Federal tax-exempt interest or interest-dividends that were earned on...

Entities paying more than what amount of Federal tax-exempt interest or interest-dividends that were earned on bonds issued by a state or local government other than California are required to provide an information return to the Franchise Tax Board?

A. $10B. $50C. $100D. $500

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Ans : Entities paying more than $10.00 of federal tax exempt interest or interest-dividends that were earned on bonds issued by a state or local government other than California are required to provide an information return to the Franchise Tax Board.

Therefore, correct answer is option A that is $10.

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