Benefit of Muni Bonds for those living in no-income-tax states? - muni bonds online
Muni Bonds still seems to income tax deduction.
Any benefit that I miss Muni Bonds, for those who live in states without income tax?
Thank you.
Friday, January 1, 2010
Muni Bonds Online Benefit Of Muni Bonds For Those Living In No-income-tax States?
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1 comments:
No, they are exempt municipal bonds, federal tax and often state taxes. But always from federal taxes.
You can imagine that savings bonds are exempt from state taxes but not federal tax.
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