Does interest or dividends from tax-free mutual funds bypass the alternative minimum tax?
January 29, 2007
Date: Wed, 22 Nov 2006
Hi Mike -
Does interest or dividends from tax-free mutual funds bypass the AMT?
Date: Fri, 29 Dec 2006
Interest or dividends from tax-free mutual funds that represents private activity bond interest is subject to the AMT. The fund should provide you with a notification about any income subject to the AMT.
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