Interest from municipal bonds is exempt from federal income tax. Interest from Treasury bills, notes and bonds is exempt from state income taxes. Other forms of interest income is taxable as regular income. Interest paid by corporations to bondholders is a tax-deductible expense to the corporation.
VERA: Season 4. Airs Fridays, July 31, Aug. 7 & 28 & Sept. 4, 2015 at 10 p.m. on KPBS TV. Above: Multi-award-winning actress Brenda Blethyn as DCI Vera Stanhope, and David Leon as Sergeant Joe Ashworth in the fourth season of VERA.
Thomas appeared on the CBS soap opera The Young & The Restless as Callie; on The Cosby Show as Justine, who was the girlfriend of Theo -- the character played by Malcolm Jamal Warner; and on Family Matters as Myra, who was the girlfriend of Steve Urkel -- the character played by Jaleel White.