You'll need to sign in or create an account to connect with an expert.
They appear to be. I suggest calling Vanguard to double check.
Capital gains are exempt from New Jersey income tax if they are from a New Jersey qualified investment fund. A qualified investment fund must:
Related Resource:
Capital gains from fund trading or redemption of shares is not tax exempt federally. Here is a link to the applicable Vanguard page. See the notes at the bottom of the page.
Backed up the IRS publication here. Capital gains for the sale are taxable interest and dividends earned are not.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Drew100
Returning Member
emmgee
Level 2
tmclay
Returning Member
Anonymous
Not applicable
Click
Level 4
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.