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Your money market is not tax free. All money that is earned as bank interest is considered as taxable money. This is unless you donated that money, or it is an out-of-country bank account.
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∙ 13y ago
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How can I tell if my money market is tax free?
You will need to consult with your financial advisor. Money market funds not advertised as "tax free" are not. In addition, even a "tax free" fund may be subject to state or local income taxes.
Where can one obtain advice about tax free money market funds?
Financial advice is readily available online. If one wanted to get some advice on tax free money market funds, one can start by going to one's bank and sitting down with an investment adviser who can guide them through tax free money market funds.
What is an argument in favor of lowering the levels of personal income tax?
Consumers will spend more money in the free market.
Are there any tax free money market funds that I can invest in?
There are, but you must carefully watch out for those weasel words "tax free." A tax free fund may still be taxable at the State or local levels. Be absolutely sure what you invest in is what you want.
What are tax-exempt money market funds?
Tax-exempt money market funds invest in municipal securities with short maturities
Which action from the U.S government would most encourage consumers to spend money in the free market?
lower the amount of personal income tax
Are there any tax preparation companies that give you free state tax return filing?
As far as I know, there are no known tax companies that do free state tax returns. The companies that claim to prepare and file for free are only referring to federal taxes. The state tax return is where they make their money.
How would the action from the U.S. government would most encourage consumers to spend money in the free market?
Lower the amount of personal income tax
What action could a government take that would most encourage consumers to spend money in the free market?
Lower the amount of personal income tax .
How does one get tax free bonds?
One can get tax free bonds by applying for them from the appropriate financial business. Websites such as Money, or Money Supermarket can help an individual compare then apply for a tax free bond.
What is the market cap for Nuveen Select Tax Free Income Portfolio NXP?
As of July 2014, the market cap for Nuveen Select Tax Free Income Portfolio (NXP) is $228,670,278.00.
Did you know religion acts as agent for government and is given tax free status for their help in controlling you and taking your money?
Yes
