Investing Blog Roundup: Treasury Interest from Mutual Funds and ETFs (Avoiding Unnecessary State Income Tax)

Interest from Treasury bonds is exempt from state income tax, and that’s just as true for interest from Treasury bonds held by mutual funds that you own. But as Harry Sit points out this week, the 1099-DIV the brokerage firm sends you doesn’t tell you how much of the dividend distribution from a fund is from Treasury bond interest. If you don’t go look it up yourself, you can end up paying unnecessary state income tax.

• State Tax-Exempt Treasury Interest from Mutual Funds and ETFs from Harry Sit

Other Recommended Reading

• Worried About Social Security’s Future? Make A Plan For When To Start Your Benefits from Steve Vernon
• People Aren’t Buying Disability Insurance, But They Should from Jim Dahle
• Perfect is the Enemy of Good from Ben Carlson
• Functional Longevity: What Use Is Retirement If You Can’t Move and Think? from Anthony Ellis
• Crypto Scam Aimed at Online Acquaintances Costs Victims Billions from Tory Newmyer

Thanks for reading!