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As the brokerage 1099 forms for the 2024 tax year are coming out, here is a quick reminder for those subject to state and/or local income taxes As such it is considered one of the most conservative investment options offered by vanguard If you earned interest from a money market fund, a significant portion of this interest may have come from us treasury bills and bonds, which are generally exempt from state and local income taxes

How taxes impact your financial planning process

However, in order to claim. Vanguard municipal money market fund’s investment objective is to seek to provide current income that is exempt from federal personal income taxes while maintaining liquidity and a stable share price of $1.