Bonds

Are Municipal Bonds Taxable In California?

Tax-exempt status — The majority of California municipal bonds are tax-exempt, while some specialized bonds are not (all are exempt from State of California personal income taxation for California residents, however). The designation of a bond as a “tax-exempt California municipal bond” is contingent on the bond issue’s intended purpose. California municipal bonds provide a […]

Are Municipal Bonds Taxable In California? Read More »

Are Municipal Bonds Taxed?

Residents of the issuing state are generally excluded from federal and state taxes on income earned from municipal bonds. While interest income is tax-free, any capital gains delivered to the investor are taxable. Are municipal bonds exempt from federal taxes? Municipal bonds (sometimes referred to as “munis”) are fixed-income investments that offer better after-tax returns

Are Municipal Bonds Taxed? Read More »

Are Municipal Bonds Traded In The Secondary Market?

Municipal securities are not traded on a central exchange. Historically, the secondary market for municipal securities has been an over-the-counter, dealer-driven market. In the secondary market, how are bonds traded? After they are issued, bonds can be bought and sold in the “secondary market.” While some bonds are traded on exchanges, the majority are exchanged

Are Municipal Bonds Traded In The Secondary Market? Read More »

Are Municipal Bonds Exempt From State Taxes?

Municipal bonds (sometimes referred to as “munis”) are fixed-income investments that offer better after-tax returns than comparable taxable corporate or government issues. Interest paid on municipal bonds is generally excluded from federal taxes and, in some cases, state and local taxes as well. Which bonds are tax-free in the state? Federal income from state, city,

Are Municipal Bonds Exempt From State Taxes? Read More »