Money market fund dividends are often partly exempt from state income tax. Here’s how the US-government percentage and the California, Connecticut and New York 50% test work, with 2025 figures for SPAXX, VMFXX, VUSXX, SGOV and others.
Money market fund dividends are often partly exempt from state income tax. Here’s how the US-government percentage and the California, Connecticut and New York 50% test work, with 2025 figures for SPAXX, VMFXX, VUSXX, SGOV and others.