Is muni bond interest included in adj income?

williamswigart · ‎June 1, 2019

IreneS · ‎June 1, 2019

No - Municipal bond interest is not taxable on your federal return and is not included in your adjusted gross income. However, capital gains realized from selling a bond are subject to federal and state taxes.

Most states do not tax municipal bond interest.

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View solution in original post

IreneS · ‎June 1, 2019

No - Municipal bond interest is not taxable on your federal return and is not included in your adjusted gross income. However, capital gains realized from selling a bond are subject to federal and state taxes.

Most states do not tax municipal bond interest.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Is muni bond interest included in adj income?