I know this is a frequently covered topic, but I have a question I haven't gotten clarity on.
Let's say I buy a Treasury note on the secondary market. I hold to maturity. I bought it at 97 and it has a 4 % coupon.
The income from the coupon is state tax exempt. No question.
Now, I understand the price appreciation from 97 to 100 at maturity may or may not be state taxable, and this varies state by state.
Is there a list of states where the appreciation would be taxable and where it wouldn't be taxable?
Let's say I buy a Treasury note on the secondary market. I hold to maturity. I bought it at 97 and it has a 4 % coupon.
The income from the coupon is state tax exempt. No question.
Now, I understand the price appreciation from 97 to 100 at maturity may or may not be state taxable, and this varies state by state.
Is there a list of states where the appreciation would be taxable and where it wouldn't be taxable?
Statistics: Posted by leo383 — Fri Jan 31, 2025 4:55 pm — Replies 1 — Views 200