Sentences with phrase «federal alternative minimum tax»

For instance, a portion of the income you receive may be subject to the federal alternative minimum tax, even if that income is classified as tax free.

Under normal market conditions, the Near - Term Tax Free Fund invests at least 80 percent of its net assets in investment grade municipal securities whose interest is free from federal income tax, including the federal alternative minimum tax.

Certain funds normally seek to invest only in municipal securities generating income exempt from both federal income taxes and the federal alternative minimum tax; however, outcomes can not be guaranteed, and the funds may sometimes generate income subject to these taxes.

A portion of the income you receive may be subject to federal and state income taxes, including the federal alternative minimum tax.

This fact is important because debt issued by New York, for a New York resident, is generally free from federal, state, local, and federal alternative minimum taxes.

For some investors, investment income may be subject to the federal alternative minimum tax.

All or a portion of the fund's income may be subject to the federal alternative minimum tax.

A portion of the distributions you receive may be subject to federal, state, or local income tax or may be subject to the federal alternative minimum tax.

They are generally exempt from federal taxes and are often exempt from state and local taxes (although investors may be subject to the federal Alternative Minimum Tax).

Some income may be subject to state and local taxes and to the federal alternative minimum tax.

Invest in municipal securities with income that is normally free from federal income tax, federal alternative minimum tax (AMT), and / or state income tax

They are generally exempt from federal taxes and are often exempt from state and local taxes (although investors may be subject to the federal Alternative Minimum Tax).

Investors may be subject to the federal Alternative Minimum Tax as well as state and local income taxes.

«Private activity» municipal bonds are subject to the federal alternative minimum tax.

For some investors, investment income may be subject to the federal alternative minimum tax.

Some of these investments in municipal securities are not necessarily exempt from the federal alternative minimum tax.

State, local, and the Federal Alternative Minimum Tax may apply.

A portion of the dividends you receive may be subject to federal, state, or local income tax or may be subject to the federal alternative minimum tax.

In addition, if you are subject to the federal alternative minimum tax (AMT), the interest income generated by certain municipal bonds may be taxable.

Although the fund tries to invest all of its assets in tax - free securities, it is possible that up to 20 % of its total assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and, although not anticipated, in securities that pay taxable interest.

The fund invests at least 80 % of its total assets in investment grade municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax.

Some municipal bond interest could be subject to the federal alternative minimum tax.

A portion of the income you receive may be subject to federal and state income taxes and may also be subject to the federal alternative minimum tax.

* Investment income may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax.

(The interest on a bond issued outside the state in which you reside could be subject to state and local taxes, and some municipal bond interest could be subject to the federal alternative minimum tax.)

For some investors, a portion of the fund's income may be subject to state and local taxes, as well as to the federal Alternative Minimum Tax.