No. of Recommendations: 0
Looking at my State (NY) tax book, I notice how if one has Bond funds (I mean in taxable accounts) invested at least 50% in Treasuries, then part of the dividend interest may be, in fact, State tax exempt. But how exactly (for any other New Yorkers) might a hypothetical NY Tax return be filled out, taking this into account?

(I am specifically thinking of Vanguard short- or long-term ETF bond funds, if you wish to use one as an example. Am I correct to assume they might be 100% in Treasuries?) And where does one get a prospectus for an ETF, if such exists?

Re. ETFs vs. Bond (mutual) funds, I am assuming the former would be less likely to incur cap. gain dist.'s, just as with ETF securities.
Print the post Back To Top