Personal Investments • How SGOV taxed for California?

Hello all,

Somehow I can't find definitive answer to this question - How SGOV taxed for California?

The SGOV is ETF that invests into US TBills.
The TBills are California tax exempt.
Will SGOV be exempt as well?
Will a brokerage provide required 1099int-div form that shows the income from the SGOV is California tax exempt?

The reason I've looked at SGOV are:
1. about $1.00 minimum to buy, while TBill is $1,000. I'd like to buy for any remaining cash in my account.
2. sell at any time, proceeds within 1-3 days
3. use in my HSA. The HSA is Federal exempt , but isn't California exempt.

For my after tax emergency fund I use Treasury Direct, where I don't plan to sale till maturity, and all on auto roll, so every week or two I can cancel auto roll and get required cash.

thanks

Statistics: Posted by mikebh — Sat Jun 01, 2024 2:29 pm — Replies 1 — Views 163

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