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 2013
Fund Percentage
California High-Yield Municipal Fund 34%
California Intermediate-Term Tax-Free Bond Fund 28%
California Long-Term Tax-Free Fund 21%
California Tax-Free Money Market Fund 45%
High-Yield Municipal Fund 34%
Intermediate-Term Tax-Free Bond Fund 25%
Long-Term Tax-Free Fund 29%
New York Tax-Free Fund 24%
Tax-Free Money Market Fund 49%

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 not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.