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re: IMO, best place to park cash...
Posted on 4/18/23 at 5:09 pm to I B Freeman
Posted on 4/18/23 at 5:09 pm to I B Freeman
quote:
One word of caution—the interest paid by an ETF is not going to be exempt from Louisiana income tax like buying a treasury would be.
I’m about 99% positive that is incorrect.
Posted on 4/18/23 at 8:18 pm to slackster
You are correct in most cases. One needs to be sure the 1099 issued by the ETF states it is income from treasuries as I would suspect they would do.
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