Is vusxx tax exempt

Post by retiringwhen » Wed Sep 06, am. Post by az » Wed Sep 06, am. Post by billaster » Wed Sep 06, am.

Updated January As the brokerage forms for are coming out, here is a quick reminder for those in states with local income taxes. 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. Note: California, Connecticut, and New York exempt dividend income only when the mutual fund has met certain minimum investments in U. Vanguard has recently released the U.

Is vusxx tax exempt

Treasury securities. Money market funds are a type of mutual fund that invests in very short-term debt securities, such as Treasury bills and commercial paper. This makes them a very low-risk investment option, and they are also very liquid, meaning that investors can easily access their money when they need it. This means that the interest income that investors earn from the fund is not subject to federal income tax. This can be a significant benefit for investors who are in high tax brackets. VUSXX is a good option for investors who are looking for a safe and liquid place to park their cash. It is also a good option for investors who are looking for a tax-efficient investment. VUSXX is a good option for investors who are looking for a safe, liquid, and tax-efficient place to park their cash. VUSXX Tax exempt is also a good option for investors who are looking for a short-term investment option. Investors can also purchase VUSXX through some other brokerage firms, but there may be a commission associated with purchasing the fund through a non-Vanguard brokerage firm.

February 5, at am. VUSXX is a good option for investors who are looking for a safe, liquid, and tax-efficient place to park their cash.

Vanguard money market funds don't get a lot of love from the investment community, nor do they receive much attention in financial media. More folks have started paying attention to money market funds amid the Federal Reserve's aggressive rate-hiking campaign, but they aren't exactly a scintillating topic, nor a breathtaking investment. They're effectively an investment vault — a place for investors to safely stash their cash until they find somewhere to deploy it. But just about every Vanguard investor's assets are held in one of these cash accounts, even if only for a brief period. Thus, it's wise to know how Vanguard's money market funds work, and which one is best for your needs. Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

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Is vusxx tax exempt

Post by fastrak99 » Fri Sep 06, pm. Post by bluquark » Fri Sep 06, pm. Post by unclescrooge » Fri Sep 06, pm.

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Box 1a includes dividends from all my holdings. We are independently owned and the opinions expressed here are our own. Post by fetch » Fri Sep 08, am. Post by az » Wed Sep 06, am. Expenses for the fund are 0. I'm not clear on why anyone would want to do that under the current circumstances. Post by RetireGood » Thu Sep 28, pm. If the fund meets that threshold and so far VUSXX does , then the percentage of dividends from US government obligations as reported by Vanguard at year end is excluded from state taxes. I figured it out. This could apply to certain residents with enough income in states like Oregon, Hawaii, or Minnesota but not California, Connecticut, and New York due to their unique restrictions mentioned earlier.

Vanguard money market funds don't get a lot of love from the investment community, nor do they receive much attention in financial media. More folks have started paying attention to money market funds amid the Federal Reserve's aggressive rate-hiking campaign, but they aren't exactly a scintillating topic, nor a breathtaking investment. They're effectively an investment vault — a place for investors to safely stash their cash until they find somewhere to deploy it.

Post by retiringwhen » Sun Sep 10, am. Please enter all required fields. By Kent Thune. Filed Under: Banking , Investing , Taxes. Re: VUSXX taxable for state and local now Post by az » Wed Sep 06, am Ironically, funds like VMFXX can play this to their advantage by loading up with lots of Repos as rates rise and then in turn extend duration of bills held in declining rate environments. The current high percentage in T-Bills is a good sign and hopefully the fund will return to normal in A box of rain will ease the pain and love will see you through. Facebook Twitter Instagram. Thank you! Vanguard's New International Fund Targets Dividend Growth Investors may be skittish about buying international stocks, but this new Vanguard fund that targets stable dividend growers could ease their minds.