[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-4451":3},{"rec_id":4,"title":5,"text":6},"4451","How do I know if my bond interest is tax-exempt?","All of your municipal bond interest is tax-exempt for federal purposes.\n\u003Cbr>\u003Cbr>\nFor state purposes, we need to know if your bond was issued by a city, government or other political entity within the state that you live.\n\u003Cbr>\u003Cbr>\nFor example, if you lived in California and held San Diego municipal bonds, you'd answer \u003Ci>Yes\u003C/i> to this question (even if you lived in San Francisco), then enter all of the bond interest as being in-state.\n\u003Cbr>\u003Cbr>\nIf only PART of your bond interest was from within the state you live, answer \u003Ci>Yes\u003C/i>, then only enter the amount that was from an entity within your state.\n\u003Cbr>\u003Cbr>\nAlso, if you only lived in the state for PART of the year, answer \u003Ci>Yes\u003C/i>, then only enter the amount you earned while you lived in the state.\n\u003Cbr>\u003Cbr>\nWe also need to know if your bond was issued by a U.S. Territory such as Puerto Rico as these bonds are tax-exempt for federal and all states, regardless of which state you live in. If you received interest from a U.S. Territory bond, include that amount here.\n\u003Cbr>\u003Cbr>\nWe'll calculate the amount that is or isn't taxable on your state return based on what you enter as being interest from in-state or U.S. Territory bonds.\n\u003Cbr>\u003Cbr>\nGenerally, tax-exempt interest and dividend income is reported on year-end statements or a statement from your broker or mutual fund company. The bonds issued by a state are usually listed on the last pages of the statement.",1777391544140]