Sentences with phrase «exempt federal bonds»

The tax - exempt federal bonds that will be issued by the ILDC will have a dramatic impact on our local economy.

At the same time, they are also trying to beat back a property tax cap for the city — supported by Republicans in the State Senate — and to thwart a proposal that would give the state veto power over housing projects in the city that use tax - exempt federal bonds.

Not exact matches

Tax exemptions In general, the interest you earn from your tax - exempt municipal securities is exempt from federal income tax and in some cases, state or local income tax, depending on whether you are a resident of the state that issued the bond.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

Although the income from municipal bonds held by a fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares.

Tax advantages Interest income from Treasury bonds is exempt from state and local income taxes, but is subject to federal income taxes.

Municipal bond funds are exempt from paying federal taxes, and in some case even exempt from state taxes... Most investors that invest in mumi funds are in the higher tax bracket, so muni funds are a good choice, to avoid being taxed on the dividends.

In addition to providing a source of income and diversification, the interest income on municipal bonds generally is exempt from federal income tax and may also be exempt from state and local taxes for residents in the state where the bond is issued.

Interest income generated by municipal bonds is generally not subject to federal taxes, and may be tax - exempt at the state and local level as well, if the bonds were issued by the state in which you live.

Since it is the last Friday of the quarter, I'm going to do something a little different and zoom in on three funds invested in federal tax exempt municipal bonds.

Blackrock Muni Yield Investment Quality (MFT) is a closed end fund that seeks current income exempt from regular Federal income tax through investment in insured investment grade municipal bonds.

Blackrock Muni Holdings Quality (MUS) is a closed end fund that seeks current income exempt from regular Federal income tax through investment in investment grade municipal bonds.

Interest income generated by municipal bonds is generally expected to be exempt from federal income taxes and, if the bonds are held by an investor resident in the state of issuance, state and local income taxes.

MUNICIPAL BOND FUNDS: Invest in bonds whose income is exempt from federal income tax.

Under the federal law Regulation D in the Securities Act of 1933, certain companies are exempt from registering the sale of securities, which are typically forms of stocks or bonds, and in the case of PeerStreet, real estate debt.

interest from municipal bonds as well as distributions from mutual funds that qualify as exempt interest dividends; this income is generally not subject to regular federal income taxes; note that Fidelity reports this information to the IRS, and may be required to report the information to tax authorities in California among other states; the total amount or a portion of tax - exempt income (reported as specified private activity bond interest) must be taken into account when computing the federal Alternative Minimum Tax (AMT) applicable to individuals and may be subject to state and local taxes; you are required to report tax - exempt income on Form 1040, and may be required to report it on your state tax return as well

A municipal bond fund that seeks to provide after - tax inflation - adjusted returns by using an actively managed inflation hedge while providing income that is typically exempt from federal taxes.

These bonds are usually exempt from federal taxes, and may also be exempt from state and local taxes, especially if the investor lives in the state where the bond is issued.

For taxable accounts, investors can consider iShares Short Maturity Municipal Bond ETF (MEAR), whose income is generally exempt from federal income tax.

If your goal is to seek an overall tax advantage: Consider an investment - grade municipal bond fund with income that is usually exempt from federal income tax.4

Puerto Rican debt is «triple exempt» from taxes: Bonds issued by the territory's government are exempt from state / territory - level, municipal, and federal taxation.

Fidelity ® Conservative Income Municipal Bond Fund (FCRDX) This fund, whose income is normally exempt from federal income taxes, might be appropriate for investors looking for more yield than money market funds are providing, and wanting to take a more conservative approach to both credit and interest rate risk than many other bond fuBond Fund (FCRDX) This fund, whose income is normally exempt from federal income taxes, might be appropriate for investors looking for more yield than money market funds are providing, and wanting to take a more conservative approach to both credit and interest rate risk than many other bond fubond funds.

Although the income from a municipal bond fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares.

Developers, bankers and de Blasio administration officials said they were told in meetings with aides to Cuomo the city would lose a sizable share of up to $ 900 million a year that the state provides in federal tax - exempt bonds for affordable housing projects in the five boroughs.

In another apparent dispute between Gov. Andrew Cuomo and NYC Mayor Bill de Blasio, the governor has threatened to cancel funding for federal tax - exempt bonds that would finance the mayor's affordable housing plan.

HCR's Housing Finance Agency provided $ 8.3 million through tax exempt bonds, a $ 2.9 million Medicaid Redesign Team loan, and mortgage insurance through the State of New York Mortgage Agency; $ 1.5 million loan from OTDA's Homeless Housing Assistance Program; $ 1 million loan from the Federal Home Loan Bank of New York; about $ 5 million in Low Income Housing Tax Credit equity; $ 1.9 million in estimated New York State Historic Tax Credit equity and about $ 2.9 million in Federal Historic Tax Credit equity.

To the relief of New York City officials, the budget did not include Mr. Cuomo's proposal to give a state agency veto power over individual affordable housing projects paid for with federal tax - exempt bonds the state gives to municipalities.

In another apparent dispute between Gov. Andrew Cuomo and Mayor Bill de Blasio, the governor has threatened to cancel funding for federal tax - exempt bonds that would finance the mayor's affordable housing plan, multiple sources have confirmed.

The bonds are federally tax - exempt, and Albany merely acts as a pass - through between the federal Department of Housing and Urban Development and municipalities.

(«Bond cap» refers to the bonds that are in question, which are exempt from federal taxes and allocated by the state to localities and industrial development agencies twice a year.)

Because the individual private investors are considered qualified to do their own research into the credit and financial status of a district, «private placements» for bond sales by educational districts are exempt from the federal requirement to post Official Statements.

The Parkway's development costs were funded through PPA - issued tax - exempt revenue bonds ($ 354M), a State Infrastructure Bank (SIB) loan ($ 18M), and Federal funding for roadway design ($ 9M).

The Parkway's total development costs were funded through tax - exempt revenue bonds ($ 354 million) issued by PPA, a State Infrastructure Bank loan ($ 18 million) and Federal funding for roadway design ($ 9 million).

The interest income from tax free municipal bonds is exempt from federal income tax.

The Fund seeks to provide a high level of current income that is exempt from federal income taxes by primarily investing in municipal bonds.

The Fund seeks to provide current income, exempt from federal income tax, and capital preservation by primarily investing in a portfolio of high - quality municipal bonds.

You'll have to pay federal income tax on interest from these bonds, but the interest is generally exempt from state tax.

Interest income generated by Treasury bonds and certain securities issued by U.S. territories, possessions, agencies, and instrumentalities is generally exempt from state income tax but is generally subject to federal income and alternative minimum taxes and may be subject to state alternative minimum taxes.

Income from bonds issued by the federal government and its agencies, including Treasury securities, is generally exempt from state and local taxes.

footnote * Although the income from a municipal bond fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares.

The unique feature that sets municipal bonds apart from all other capital market securities is that the interest earned on them is exempt from federal income taxes.

Without this rule (the «interest disallowance rule»), taxpayers would realize a double tax benefit from using borrowed funds to purchase or carry tax - exempt bonds, since the interest expense would be deductible, while the interest income would escape federal tax.

Generally speaking, interest on municipal bonds is exempt from federal income taxes.

Interest from these bonds may be exempt from federal and sometimes state income taxes

Although such bonds are commonly referred to as «tax - exempt,» there are numerous federal and state tax consequences associated with the acquisition, ownership, and disposition of such bonds.

Even though the interest paid on a municipal bond is tax - exempt, a holder can recognize gain or loss that is subject to federal income tax on the sale of such a bond, just as in the case of a taxable bond.

Prospective purchasers of tax - exempt bonds should consult their own tax advisors concerning the application of federal and state tax laws to their particular situation.

If the bond is redeemed for the purpose of funding a college education, the interest is exempt from federal income tax.

Notably, interest received from munis is generally exempt from federal and, in many cases, may be exempt from state, and local income taxes, assuming the investor purchases bonds issued by his or her home state.

Interest income generated by municipal bonds is generally expected to be exempt from federal income taxes and, if the bonds are held by an investor resident in the state of issuance, state and local income taxes.