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Old 04-17-2006, 03:44 AM
Ira Smilovitz
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Default Re: Schwab Funds Supplementary Tax Info

<john_t[at]nospam.com> wrote:

- quote -

> Schwab sends out their Schwab Funds Supplementary Tax Info
> with all the usual stuff you need to fill out the always
> weird fed tax free/some states yes/no tax free status of
> these funds.
> This year they give you the break down for the Municipal
> Money fund but not the California Municipal Money fund.
> AMT% is provided for both funds.
> Does this imply the California fund is 100% fed and state
> tax free since they don't show the state break out ?
> Sorry if this reads rough.


There is probably a sentence somewhere in the Supplementary
Info that states that unless otherwise noted State Municipal
Bond funds are 100% tax-free in the titled state.

Ira Smilovitz

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #-1  
Old 04-16-2006, 06:48 AM
john_t@nospam.com
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Posts: n/a
Default Schwab Funds Supplementary Tax Info

Schwab sends out their Schwab Funds Supplementary Tax Info
with all the usual stuff you need to fill out the always
weird fed tax free/some states yes/no tax free status of
these funds.

This year they give you the break down for the Municipal
Money fund but not the California Municipal Money fund.

AMT% is provided for both funds.

Does this imply the California fund is 100% fed and state
tax free since they don't show the state break out ?

Sorry if this reads rough.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 

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funds, info, schwab, supplementary, tax
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