Understanding the De Minimis Tax Rule for Municipal Bonds скачать в хорошем качестве

Understanding the De Minimis Tax Rule for Municipal Bonds

On Friday, November 14, Brooks Dyroff, CEO of The Street Sheet, hosted a live webinar with Ed Mahaffy, MBA, CFP®, ChFC, a financial advisor and subject-matter expert in municipal bond strategy. ​Ed, who runs ClientFirst Wealth, Legacy & Estate Planning, walked through one of the most misunderstood risks in the muni market right now — the de minimis tax trap — a rule most investors have never even heard of, but one that can convert what you thought was tax-exempt yield into ordinary income taxation when the bond matures, is sold, or is called. ​If you bought individual muni bonds in 2022–2023 when prices were depressed and yields looked incredible, this is especially relevant. Many investors are sitting on a future tax bill they don’t know exists. ​On the call we covered: • What the de minimis rule is and why almost nobody is paying attention to it • Which types of bonds are exposed and how to identify them in your account • A year-end swap strategy that can reduce future ordinary income exposure • How to think about “true yield” vs. headline yield going into 2026 To join live calls like this and ask our experts questions, subscribe to Street Sheet Research.