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If an investor buys the muni bonds of another state, their home state may tax interest income from the bond. It is beneficial to check the tax implications of each specific municipal bond before ...
Fact checked by Suzanne Kvilhaug For the ultra-wealthy, municipal bonds aren't just about earning interest. They're a way to ...
High-income earners benefit the most from tax-free interest, as municipal bonds help reduce taxable income. Check the bond ...
If you live there, check out the Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (NASDAQMUTFUND:VNYT.X). This fund invests in high-quality municipal bonds issued by New York state and ...
While tax season may be over for the nearly 140 million Americans who filed their returns by April 15, a proposed congressional measure addressing municipal-bond interest may put the squeeze on ...
Many investors — especially high-income ones living in high-tax states — benefit from owning state and local municipal bonds for their tax advantages. The interest investors make on munis is ...
The Municipal Securities Rulemaking Board, or MSRB, established by Congress in 1975, estimates that individual investors are “by far the largest holders of municipal bonds, holding nearly 66% of ...