Muni Bond ETFs looking good?

Here are some muni observations that puzzle me...
Muni bond funds recently seem to have some of the steadiest preservation of capital of all the bond types that I track, in spite of the Puerto Rico implosion. PR (and VI) is a critical part due to non-state-taxability, yet muni funds such as HYD and HYMB no longer seem to report their exact tax-year percentage on their web sites (just impressionistic snapshots at inconvenient time frames).
It looks like turbotax no longer lets you plug in the state-exempt amount, like 9%, in the fed input part of the process. You have to hack it into an "other subtractions" part of the state return.
In the last 365 days, most bond etf type values have converged to unchanged (last 2 years a slight gain). Exceptions were the junk bonds cratered, bank loan etfs were weak, and corp a bit soft. Treasury TLT very volatile, but along with SPY stocks netted around zero change excluding dividends. So with munis yielding 4+% and prices steady, maybe they are good even aside from fed tax benefits and a bit of state tax benefits (there isn't a "my state" etf)?
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
Investment observations after doing fed taxes with a lot of cap loss harvesting:
- Muni dividends are included for purposes of health care subsidy denial.
- Non muni but exempt dividends can be taxed at a really low rate; even 0. I can't follow the worksheet gyrations, but could one make a low tax but comfortable living on primarily exempt dividends (maybe AMT would strike)? Not that it would help me much, because state income tax rate has been approaching and now exceeds fed rate for me!
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On Tuesday, March 15, 2016 at 7:10:04 PM UTC-7, dumbstruck wrote:

They are also included when figuring out how much of one's SS is taxable.

Do you mean "qualified dividends" ?-- typically paid by a corporation and taxed similarly to long-term capital gains - which does have a 0% bracket for folks whose ordinary income is in the 10 and 15% brackets (i.e., for a single person, under around $38k)
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On Wednesday, March 23, 2016 at 7:30:04 AM UTC-10, David S. Meyers, CFP(R) wrote:

Yes, the qualified rate apparently applies to dividends beginning either 60 or 90 days after your purchase of common or preferred stock. For middle incomes they may be only taxed at around 15% vs twice that for corp bonds or tbills (latter not taxed by most states tho, I guess).
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

BeanSmart.com is a site by and for consumers of financial services and advice. We are not affiliated with any of the banks, financial services or software manufacturers discussed here. All logos and trade names are the property of their respective owners.

Tax and financial advice you come across on this site is freely given by your peers and professionals on their own time and out of the kindness of their hearts. We can guarantee neither accuracy of such advice nor its applicability for your situation. Simply put, you are fully responsible for the results of using information from this site in real life situations.