Mon, Sep 1, 2014, 3:51 AM EDT - U.S. Markets closed for Labor Day

Recent

% | $
Quotes you view appear here for quick access.

Municipal Mortgage & Equity, LLC Message Board

  • ab38x30 ab38x30 Jul 28, 2007 5:01 PM Flag

    AMT/Tax law

    Will any of you long-time holders let me know whether the tax exempt income distributed by MMA is subject to the alternative minimum tax?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • From the munimae website:

      How much of the distributions are subject to the Federal "alternative minimum tax" (AMT)?

      If you are subject to the AMT, based on the information currently available, we estimate that a significant portion of the distributions you receive from MuniMae would be includable in alternative minimum taxable income classified as income taxable under the AMT rules. You should consult your tax advisor about whether you are subject to the AMT.

      Good luck.

 
MMAB
1.880.00(0.00%)Aug 29 3:47 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Synaptics Inc.
NasdaqGSFri, Aug 29, 2014 4:00 PM EDT
Avago Technologies Limited
NasdaqGSFri, Aug 29, 2014 4:00 PM EDT