1099-int for a tax-exempt bond mutual fund
I live in n.h. and received a 1099-int form from vanguard for the vanguard short term tax-exempt fund. I am doing my taxes but am not sure if the interest counts toward taxable income or not. Can someone clarify this? 1040 line 8b?
Permalink Submitted by [email protected] on Sun, 2011-01-30 02:55
8b on Form 1040 IF the 1099 interest shows in Box 8. Not taxable directly, but could make your SS taxable if 85% of your SS is not already included in your AGI.
Permalink Submitted by [email protected] on Sun, 2011-01-30 22:09
thanks. I appreciate your comments. pablolo