I purchased a triple tax free munibond at a Market discount of 93.84. It matures in 2 years, It pays a 1% coupon. At maturity It will pay 100.00 par. Is that capital gain triple tax free? I was told by my accountant its considered interest income and is triple tax free. This did not make sense to me because I would have already recieved my tax free 1%. Thanks
Statistics: Posted by rayrockusa — Wed Jan 17, 2024 6:25 pm — Replies 1 — Views 61