2014 Indiana Taxpayer Information

Indiana Taxpayers: Determine state tax-exempt status on income

Only income from municipal bonds based in Indiana and the states below are state tax-exempt for Indiana taxpayers. All other income is taxable to Indiana residents, unless the income dividends are derived from:

  • Bonds purchased by the fund prior to January 1, 2012
  • Federal government obligations, excluding U.S. territories
  • Indiana obligations
  • Obligations of one of these territories: Puerto Rico, Guam, Virgin Islands, American Samoa, or Northern Mariana.
Percentage of Income Taxable to Indiana Residents for 2014
Fund Percentage
California High-Yield Municipal Fund 47%
California Intermediate-Term Tax-Free Bond Fund 41%
California Long-Term Tax-Free Fund 29%
California Tax-Free Money Market Fund 54%
High-Yield Municipal Fund 45%
Intermediate-Term Tax-Free Bond Fund 31%
Long-Term Tax-Free Fund 29%
Tax-Free Money Market Fund 52%
Money Market Fund: An investment in the fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in the fund.
IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.

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