Sentences with phrase «municipal bond interest»

The tax exemption of municipal bond interest is a key draw for issuers.

Some states don't provide any exemption for municipal bond interest, and some provide an exemption only for interest from bonds in that particular state.

Municipal bond interest also receives this treatment in certain states.

These are attractive for tax purposes because municipal bond interest is exempt from federal taxes.

Tax laws are subject to change and the preferential tax treatment of municipal bond interest income may be revoked or phased out for investors at certain income levels.

Taxable municipal bonds The interest on some municipal bonds is taxable because the federal government will not subsidize the financing of activities that do not provide significant benefit to the public.

Accrued OID on municipal bonds is also potentially subject to the alternative minimum tax in the same manner as other municipal bond interest.

For investments in taxable accounts, remember that municipal bond interest payments are exempt from federal income tax, and U.S. Treasury bond interest is exempt from state income tax.

Also, most taxable income, and even tax - free municipal bond interest, is counted when determining how much of your Social Security you can lose to the IRS.

Tax laws are subject to change and the preferential tax treatment of municipal bond interest income may be removed or phased out for investors at certain income levels.

A number of other tax preferences would be reduced or repealed, and many of those remaining — including the employer health exclusion, mortgage interest deduction, and exclusion of municipal bond interest — would be limited in value to the 25 percent bracket.

Municipal bond interest is reported in Box 8.

The portion of municipal bond interest that's generated from private activity bonds is reported in Box 9.

Municipal bond interest is also often tax - free at the state level if you invest in a bond that's issued in the same state in which you reside.

Start by calculating your combined income, which is your adjusted gross income, plus any municipal bond interest and half your Social Security benefit.

Municipal Bond Interest Exclusion: Interest paid on munis isn't taxed by the Feds.

For example, as I understand the tax law at this point in time, municipal bond interest will not be subject to the higher tax rates.

Municipal bond interest is treated the same as interest on a certificate of deposit.

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

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

Municipal bond interest is generally exempt from federal income 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.)