State Tax Maps

Municipal Bond Interest

State exemption for in-state and out-of-state muni bond interest. U.S. Treasury interest is always exempt under 31 U.S.C. §3124.

TY 2025
No income tax
Both in-state + out exempt
In-state only (default)
Both taxable
Territory
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TY2025. Default rule (instate only) follows Kentucky v. Davis, 553 U.S. 328 (2008). ND exempts both via federal taxable income base (no add-back). IL and WI add back all muni interest. IA exempts 21 specific Iowa bond categories under §422.7(2)(a)-(u); standard Iowa GOs and all out-of-state bonds remain taxable.