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Version du 11 mai 2026 à 03:10


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If you purchase a national muni bond fund your interest income will be free of federal income taxes (but not state income taxes). If you're buy a situation muni bond fund that owns bonds from your home state this interest income will likely be "double-tax free" for both federal assuring income tax burden.

B) Interest earned, nonetheless paid, throughout a bond year, must be accrued at the conclusion of the bond year and reported as taxable income for the calendar year in that the bond year ends.

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