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Are capital gains on US Treasury bills/notes/bonds subject to New York state income tax?

 
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Are capital gains on US Treasury bills/notes/bonds subject to New York state income tax?

You should check the web site maintained by the New York Department of Taxation and Finance.

 

See https://www.tax.ny.gov/pit/default.htm

 

Generally, though, interest from the obligations of the U.S. government (T-bills, notes, bonds) is exempt from state and local taxation, but that would not apply to capital gains on sales transactions.

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Are capital gains on US Treasury bills/notes/bonds subject to New York state income tax?

You should check the web site maintained by the New York Department of Taxation and Finance.

 

See https://www.tax.ny.gov/pit/default.htm

 

Generally, though, interest from the obligations of the U.S. government (T-bills, notes, bonds) is exempt from state and local taxation, but that would not apply to capital gains on sales transactions.

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