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Investment Strategies That Will Pay Off Next Tax Season

By Erik Sherman

Many have been hampered by the 2017 tax changes’ $10,000 limitations on state and local tax (SALT) deductions. One way to save on state taxes? Move some of your portfolio to Treasuries and municipal bonds issued in your state, which would be tax exempt at the state level, says Eric ­Bronnenkant, head of tax at online financial adviser Betterment. The savings may outweigh the additional interest you’d earn on taxable higher-yield bonds.

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This article originally published April 19th, 2019 on Fortune