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  • frank100_20012002 frank100_20012002 Jul 29, 2007 12:53 PM Flag

    AMT/Tax law

    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.