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February 22, 2025
Question

is interest from US government money market funds exempt from taxation by New York State?

  • February 22, 2025
  • 1 reply
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i received interest from a united states government money market fund is this interest taxable by New York State?

    1 reply

    February 22, 2025

    No, the interest is not taxed in New York as long as the fund has more than 50% in U.S. obligations.