HomeDefinitionsCompareDebt Tax exempt income fundThe financial definition for Tax exempt income fund:A mutual fund that seeks income that is exempt from federal and, in some cases, state and local income taxes. Similar MatchesActive incomeActive incomeIncome from an active business as opposed to passive investment income according to the U.S. tax code. Adjusted gross income (AGI)Adjusted gross income (AGI)Gross income less allowable adjustments, is the income on which an individual is taxed by the federal government. Allocation of income rulesAllocation of income rulesUS tax provisions that define how income and deductions are to be allocated between domestic source and foreign source income. Further SuggestionsCorporate income fund (CIF)Current income Current income bonds Disability income insurance Discretionary income Disposable income Earned income Click to compare definitions of Tax exempt income fund Click to view definitions beginning ta |