Sentences with phrase «local alternative minimum»

In addition, while municipal bonds are not subject to federal income taxes, they may be subject to federal, state, or local alternative minimum taxes.

In addition, while some municipal bonds that are in the fund may not be subject to ordinary income tax, they may be subject to federal, state, or local alternative minimum tax.

In addition, although some municipal bonds in the fund may not be subject to ordinary income tax, they may be subject to federal, state, and local alternative minimum tax, if an investor sells a tax - exempt bond fund at a profit, there are capital gains taxes to consider.

Not exact matches

A portion of this income may be subject to state and local income taxes, and if applicable, may subject certain investors to the Alternative Minimum Tax as well.

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

Also, the higher thresholds for the Alternative Minimum Tax («AMT») mean that many taxpayers who had to add back deductions for state and local taxes to determine their tax due may not have to pay the AMT, but the new law «caps» those deductions so the end result may be a small change for those taxpayers.

The income from these bonds is generally free from federal taxes, although a portion may be subject to state and local taxes, as well as the federal alternative minimum tax (AMT).

debt obligations of the U.S. Government with maturities of 10 years or longer; coupon interest for Treasury bonds is exempt from state and local taxes, but is federally taxable; interest income may also be subject to alternative minimum tax

In addition, it does not describe all of the tax consequences that may be relevant in light of a U.S. Holder's particular circumstances, including non-U.S. tax consequences, state and local tax consequences, estate tax consequences, alternative minimum tax consequences, the potential application of the Medicare contribution tax, and tax consequences applicable to U.S. Holders subject to special rules, such as:

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

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.

These are exempt from federal income tax; however, may be subject to state and local taxes and the alternative minimum tax (AMT).

Depending upon the municipal bond offered, alternative minimum tax and state / local taxes could apply.

It also lays out the requirements for the issue of project licences by the local veterinary authorities, including the insuring of the use of alternatives to animals wherever possible as well as the use of the minimum number of animals under optimum conditions.

With the more cost effective alternatives to enterprise Learning Management System software, such as WordPress web development tools and availability of free resources for setting up an education website, it is becoming easier for local schools and individual tutors to build a great site with minimum investments.

Some income may be subject to state and local taxes and 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).

Municipal bond funds may be subject to alternative minimum tax and state and local taxes.

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

Depending on the U.S. holder's specific circumstances, dividends may be subject to an additional 3.8 % tax on passive income as well as state and local taxes, and may increase the holder's alternative minimum tax liability.

SAI does not actively manage for alternative minimum taxes; state or local taxes; foreign taxes on non-U.S. investments; or estate, gift, or generation - skipping transfer taxes.

If you live in a place where state and local taxes are high, you're more likely to be subject to the alternative minimum tax.

The income from these bonds is generally free from federal taxes, although a portion may be subject to state and local taxes, as well as the federal alternative minimum tax (AMT).

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

debt obligations of the U.S. Government with maturities of 10 years or longer; coupon interest for Treasury bonds is exempt from state and local taxes, but is federally taxable; interest income may also be subject to alternative minimum tax

Income from municipal securities may be subject to state, local, and / or capital gains taxes, as well as the alternative minimum tax (AMT).

The S&P Municipal Yield Index is designed to measure the performance of high yield municipal bonds issued by U.S. states, The District of Columbia, U.S. territories and local governments or agencies, such that interest on the securities is exempt from regular federal income tax, but may be subject to the alternative minimum tax and to state and local income taxes.

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.

A portion of the Fund's income may be subject to state and local taxes or the 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.

Interest income may be subject to the alternative minimum tax.Municipal bonds are federally tax - free but other state and local taxes may apply.

These strategies make sense only in places where local taxes are high, and for taxpayers who are not paying the alternative minimum tax.

Qualified distributions from a Roth IRA are free of federal income tax (under current tax laws) but may be subject to state, local, and alternative minimum taxes.

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.

As a minimum, you will find out about our local mediation services which could give you an alternative route to resolving your dispute.

Through the use of policy loans, policyowners can completely avoid federal, state, and local income taxes, as well as the alternative minimum tax on the cash flow.