Interest income from municipal bonds is typically exempt from federal tax, and also exempt from state tax if the bonds are issued from the investor's state of residence.

Authors

• Person: Not available Organization: Wealthfront
  Wealthfront Classic Portfolio Investment Methodology White Paper

Sources

• Wealthfront Classic Portfolio Investment Methodology White Paper research.wealthfront.com Wealthfront via serper

Referenced by nodes (1)

• municipal bonds concept