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What financial instruments are not taxable for the purpose of filing individual income tax?

April 26, 2017filing financial individual instruments purpose taxable

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What financial instruments are not taxable for the purpose of filing individual income tax?

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Section 47-1803.02(2) of the DC Official Code lists the items that shall be excluded from the computation of District gross income; among which are interest and dividend income on obligations or securities of the United States, or its agencies or instrumentalities, to the extent that this income is included in federal gross income. D.C. Official Code, 2001 Ed. 47-1803.02(2)(A).