But vanguard just lumps this some in the dividends section on my 1099DIV, and so when i login into turbo and then login to vanguard to auto import my tax. TurboTax Live Full Service Business Taxes. interest on the next screen. How do I proceed? Choice #1 (simplest for that low amount): go to the bottom of the list of states and indicate "Multiple States" for all of it (desktop software uses the term " More. $1,000 X 8. REMIC additional information 17 . For example if you had $100 in exempt-interest dividends and your sheet says 10% exempt in your state, enter $10 (10% x $100). Currently closer to 75% (3/2023). Foreign country or U. About this Benchmark. 17. 10 months ago. Follow. If any federal tax was withheld in box 4, enter this amount here. Vanguard Tax-Exempt Bond Index Fund Admiral Shares (ticker: VTEAX) 0. m. For the state-specific funds, income dividends will generally be substantially exempt from federal and local income taxes for a resident of that state. The Calif rule (currently) is that the fund's asset value must be at least 50% of US government obligations or none of it is excludable. X 9. 75% 6. 07% Delaware 0. To indicate a breakdown of the interest from line 11 for state purposes, use the fields available at the bottom of the DIV screen. $120K (wages) + $40K (NII) = $160K (MAGI) $170K (wages) + $80K (NII) = $250K (MAGI) IRS Form 8960 is devoted to the calculation of the net investment income tax. We buy and sell funds, rebalance your portfolio, and reinvest dividends to keep you diversified and fully invested. The forms they give you are super complicated and small print so I'm. Exempt-interest dividends $ 13 . ” At the State prompt, select “Multiple States” at the very bottom of the drop-down menu and uncheck the box for “I earned tax-exempt dividends in more than one state. 25%. The securities are listed in order of their CUSIP number, and the tax-exempt payments are listed by payment date, in chronological order. However, currently, the state has a 5% tax on dividends and interest. If half of your Social Security benefit plus other income, including tax-exempt muni bond interest, is between $32,000 and $44,000 for a joint tax return ($25,000 to $34,000 for single filers), up to 50% of your Social Security benefits may be taxable. You would be able to deduct the full $80 of investment interest if you itemize. 42% 5. This amount is included in box 11. FreeTaxUSA and Wealthfront: State Tax-Exempt Dividends. 7% (per our whitepaper). ”. To determine the portion of dividends that may be exempt from your state income tax, multiply the amount of “ordinary dividends” reported in Box 1a of Form 1099-DIV by the percentage listed in the following table. mutual fund or other RIC paid to you during the. This section lists federal tax-exempt interest and exempt interest dividends you received, by security. In addition, the amount listed as "Exempt interest" in Box 11 of Form 1099-DIV would not be from U. I can't figure out how to enter that adjustment in my Illinois return. S. 2. For Indiana residents, 15% of the dividends from the Thrivent Municipal Bond Fund are considered tax-exempt for state tax purposes. Vanguard Variable Insurance Funds: Special tax information. Exempt-interest dividends $ 13 . Investors should carefully consider the investment objectives, risks, charges and expenses of the Wealthfront Risk Parity Fund. None of the distributions paid by the funds during 2021 represent a tax preference item (relating to income from private activity bonds) for alternative minimum tax (AMT) purposes. Deduct their foreign taxes on Schedule A, like other common deductions. Please consult your tax advisor for further assistance. To determine this amount for each of your funds, multiply the "% of dividends from U. This question is asking how much of your taxable dividend income is from. 0. So. The forms they give you are super complicated and small print. California, Connecticut, and New York exempt dividend income only when a mutual fund has met a. Tax-exempt interest dividends by state for Vanguard Municipal Bond Funds and Vanguard Tax-Managed Balanced Fund (Updated March 3, 2022) PDF Vanguard Variable Insurance Funds: Special tax information. TurboTax Live Basic Full Service. The amount of municipal bond interest from your state, Puerto Rico, the Virgin Islands, and Guam can be calculated by multiplying the total interest dividend you received from a fund (reported as tax-exempt interest on Form 1099-DIV) by the appropriate percentage of interest received from your state, Puerto Rico, the Virgin Islands, and Guam. Enter any interest or dividend income received by a non-Ohio state government, if the interest and/or dividends is not included in your federal AGI. S. You might be able to use this credit against taxes on those investments in the U. territories and possessions can be excluded. Miscellaneous information details 17 . This is the date by which you must either file your tax return or Form 4868 to get a tax extension. Sometimes I get so confused I get a mental block even if it's right in front of me. If the tax-exempt dividends come from a bond fund, usually the fund administrator includes a list of states in the materials that accompany the 1099-DIV form. Please consult your tax advisor to determine whether you are eligible for state tax exemption for this portion of your fund’s income. The fraction of distributions subject to qualified dividend treatment is estimated based on historical data. Therefore, if you earned $1,000 in total interest from VMFXX in 2022, then $377. § 852(b)(5)] or any similar statute;. 257. Treasury interest is state tax-exempt only if you receive it directly from the Treasury. 44 Utah 0. State and local tax treatment. However, they may also pay them as stock of another corporation or as any other property. Other additional information 17of your exempt-interest dividends may be exempt from state income taxes depending on the state in which you reside (see your “2022 Tax Information Letter”). , taxable or nontaxable) or holding. ) Box 13: Specified Private Activity Bond Interest Dividends If you are subject to the alternative minimum tax (AMT),Qualified dividends are taxed at capital gain rates of 0%, 15%, or 20%, depending on your tax bracket. Email us. Smart Beta is an investment feature. Check I earned tax-exempt dividends in more than one state. Important Alternative Minimum Tax Information: The percentage of your total 2022 exempt-interest dividends subject to the Alternative Minimum Tax (“AMT”) is shown on the line “Amount Subject to AMT” at the bottom of the “Tax-Exempt Income by. See Pub. The former is taxed at the capital gains rate . Mark your calendar. ” The effectiveness of the Tax-Loss Harvesting strategy to reduce the tax liability of the client will depend on the client’s entire tax and investment profile, including purchases and dispositions in a client’s (or client’s spouse’s) accounts outside of Wealthfront Advisers and type of investments (e. On the following pages, you will notice funds marked with an asterisk (*). 30% (0% in CA, CT, NY) The income earned in these funds is fully taxable at the federal level. Investors don’t owe federal income or capital gains taxes on those dividends, although they may owe state taxes depending on their local income tax laws. With a Roth IRA, you contribute after-tax dollars to your account, up to the annual limit. On the following pages, you will notice funds marked with an asterisk (*). We assume a combined ordinary income tax rate of 30. Employees that want to claim exempt from Minnesota income tax must use the following form: Form W-4MN, Minnesota Withholding Allowance/Exemption Certificate. The amount of tax. The cash balance in the Cash Account is swept to one or more banks (the “program banks”) where it earns a variable rate of interest and is eligible for FDIC insurance. 57% versus 3. There's no way to turn this off, unfortunately. This means investors do not have to pay federal income tax on the income they receive from these investments. Your portion of the exempt interest income has been included on your Form 1099-DIV. This value represents dividends received from ETFs like MUB, which hold a broad range of U. Exempt-interest dividends are often associated with mutual funds that invest in municipal bonds. Multi-State Municipal Funds Percentage of Exempt Interest Income Derived. For example if you had $100 in. S. These tax rates are usually lower than regular income tax rates. The rate will be 4% for 2023, 3% for 2024. parent of the CFC. 9 — an average decrease of over 30%. Box 12 of the Form 1099-DIV shows your tax-exempt income. This box captures the exempt-interest dividends subject to the alternative minimum tax for the amount entered in box 12. The effectiveness of the Tax-Loss Harvesting strategy to reduce the tax liability of the client will depend on the client’s entire tax and investment profile, including purchases and dispositions in a client’s (or client’s spouse’s) accounts outside of Wealthfront Advisers and type of investments (e. The Tax-Exempt Bond Fund of America did not pay any federally tax-exempt income dividends derived from municipal bond interest subject to AMT. 00% Arkansas 0. For individual, joint, and trust Automated and Stock Investing Accounts, you will receive a Consolidated Form 1099 including details of dividends paid (Form 1099. 3. State municipal funds that have interest income derived only from in-state obligations. 78% Alaska 0. This information may help you prepare your state income tax return. Most managers charge you 4x more, around 1%. Expense ratio (0. Government Obligations – the portion of “Ordinary Dividends” attributable to earnings from US Treasury and certain other government securities may be categorized as a fund containing US government obligations. Tax-Exempt Income 2 - 3 State by State Information and Alternative Minimum Tax Information 4 - 5 Section 2 - Information for Equity ETFs Qualified Dividend Income for Individuals 6 - 7 Dividends Received Deduction for Corporations 8 - 9 10 10. In most states, fund dividends from interest on direct U. 7% etc. 89% 1. If your marginal state income tax rate was 10%, that would be a ~$38 tax savings for every $1,000 in total interest. For an account with an average monthly balance of $100,000, your monthly advisory fee is $18. If you are importing a 1099-DIV and Box 11 (Exempt Interest Dividends) is not $0, TurboTax will show you a screen which asks: “Choose the state where your tax-exempt dividends came from. 7% annual rate of return (the pre-tax, net of fee annual returns Wealthfront’s risk-score 8 tax-advantaged and taxable investment accounts have generated since late 2011). S. TurboTax will ask you about any dividends that are exempt from interest. the Fidelity FSIXX is the clear winner if you have access. The question and examples provided by sam-ehrlichman in the above message state that tax exempt interest is in box 10. government securities. ★ How do I address “Foreign tax paid” and "Foreign income" in my tax return or tax software? ★ How do I address “exempt-interest dividends” in my tax return or tax. Single State Municipal Funds The information below summarizes the percentage of exempt inte rest income received by various BlackRock Closed-End Funds on a s tate-by-For the Vanguard Federal Money Market Fund, this percentage was 37. Prior to 2003, taxable dividend income was subject to federal tax at the same rates as ordinary income. II. 43%. $14,451+: 37%. 7. Free Military tax filing discount. Tax-loss harvesting transactions involve selling one ETF that represents an asset class that trades at a loss and replacing it with another similar but not identical ETF. 37% 0. ” ( 2021 Schedule CA Instructions ). Month Interest Dividends (from your statement) Total Percentage of Qualifying Interest Dividends from MA and Applicable U. This white paper summarizes the motivation, design, and execution of Wealthfront’s US Direct Indexing service. Does anyone know where I can find which state it is for the except tax? On form 1099-DIV? No, your box 12 amount is dividends from investments that are exempt from federal tax. Mark your calendar. 56% 0. You also may receive distributions through your interest in a. 50% 1 ), the Automated Bond Portfolio makes it easy to get the benefits of low-risk, tax-advantaged bonds — without the pesky maturity dates and manual management. TurboTax Live tax expert products. If a certain fund isn't listed on that document, then it does not have state exempt income. This can. TurboTax Live Deluxe Full Service. S. mutual fund or other RIC paid to you during the. This form will also report any interest paid out in your cash account. In all likelihood, the dividends truly are from more than one state, so you are going to want to select "More than One State" - see screenshot below. (Tax-Exempt Income Earned by State)* Alabama 0. 1-322 C provides a subtraction, to the extent included in federal adjusted gross income, for: 1. There are links to most-recent-year tax info XLS and XLSX files at the SPDR page for all of their ETFs, found under the "Related Documents" tab at each ETFs' product page. Here are seven of the best tax-free municipal bond funds to buy in 2023: Fund. Contact them if you don't have this paperwork. They will typically tell you in percentages, like California 12. 5% per year. March 12, 2023 2:33 PM. Many revenue bonds with stable and growing sources of revenue sell at quite attractive yields relative to U. For any other. that may be state tax–exempt . 2. 2018 Qualified Interest Income (QII) Dividend Report for NRA for the iShares Funds Feb 1, 2019 2018 Distribution Summary Information Jan 31, 2019 2018 Tax Exempt Interest by State Jan 31, 2019 2018 U. Federal Income Tax Withheld- Box 4 shows backup withholding. 74%Dividends and qualified dividend distributions details 17 . In this example, $29. Nuveen would be the source for info on what states make up their fund. They will typically tell you in percentages, like California 12. The 5. I decided to try FreeTaxUSA this year. However, due to legislation, the tax on dividends and interest is being phased out. S. S. The issue for Colorado/non-Colorado tax-exempt interest seems to be a new issue this year and is presumably a bug. S. We recommend you consult a tax advisor on any questions about state or federal tax treatment of 529 plans. 00 may be. REITs. Only certain taxpayers are eligible. Interest or dividends on obligations of the United States and on obligations or securities of any authority, commission or instrumentality of the United States to the extent exempt from state income taxes under the laws of the United. Portion of total ordinary dividends that may be state tax–exempt . Follow. 8. For Utah residents, 20% of the dividends. State and local tax treatment. If shareholders received a taxable capital gain distribution, that information is also reported on Form 1099-DIV. ETO Tax-Advantaged Global Dividend Opportunities Fund; EADIX Tax-Managed Global Dividend Income Fund (A) CSVIX Calvert Small-Cap Fund (I). Income Tax Fact Sheet 5, Military Personnel. That percentage varies from year to year. 5%, you get an estimated $562. box 11, shows exempt-interest dividends from a. Box 14-16 are used to report state information. Your Wealthfront account is invested in exchange traded funds (ETFs) managed by outside firms, a mutual fund if you have the Risk Parity Fund, and in individual securities if you have US Direct Indexing (previously known as Stock-level Tax-Loss Harvesting) or Smart Beta. An exempt-interest dividend can be beneficial to high-income individuals to minimize their tax burdens. The rate of Dividends Tax increased from 15% to 20% for any dividend paid on or after 22 February 2017 (irrespective of declaration date), unless an exemption or reduced rate is applicable. 28% New Mexico 0. It also lists any portion of those payments that is classified as specified private activity bond interest. Federally Tax-Exempt Dividends from Mutual Funds Investing in Bonds of Another State. Exempt-interest dividend refers to any dividend or part of it that a regulated investment company pays that is not subject to tax. 25% annual management fee for the Automated Bond Portfolio, just like with our Automated Investing Account. S. For instance, New Hampshire’s 5% tax on dividends and interest is due to be phased out by January 2027. S. 39. S. TurboTax Live Premium. Interest income details 17 . We assume a combined ordinary income tax rate of 30. We suggest that you consult your tax advisor, who is most familiar with your circumstances and the laws of the state. Invest in stocks, mutual funds, and EFTs within a Roth IRA or Roth 401(k). 85% interest/monthly dividend payouts but with a 0. State tax laws change over time. None of the distributions paid. TurboTax Live Premium. I’ll detail the changes below, but I also. 25; %, which is on par with competitor Betterment’s 0. We then applied the tax rates in Table 2 to the two components of return to calculate each asset class’s after-tax return. S. 26 Oregon 0. If you are unsure whether this. 59% Tax-Advantaged Ultra-Short Fixed Income 6. 48% SEC yield is a pre-tax post-fee calculation so it does not include any potential tax benefits. Depending on the amount, you may also have to complete IRS Form 1116. S. FATCA filing requirement. Tax‑exempt interest earned is reportable on Form 1099‑DIV. Fund Objective. 13. *Any non-qualified dividends are taxed as ordinary income at 35. Tax-Loss Harvesting. Wealthfront's FAQ appears geared towards Turbo Tax users. 00% Alaska 0. Use our interactive worksheets to figure out how much of the dividend income distributed by funds you own may be subject to federal and state income taxes. In most states, fund dividends from interest on direct U. For shares acquired on or after January 1, 2012, only dividends from Indiana sources and dividends from U. Line 133 is for TFI. Although the income dividends paid by RVNU are derived from tax-exempt interest income that is generally exempt from U. 91% 1. State . Client acknowledges that the Wealthfront Advisers and Wealthfront Brokerage are subject to certain anti-money laundering (“AML”) and related provisions under applicable laws, rules, and regulations and areWithdrawals are also tax-free. 30%. In addition, some states have. State tax withheld $ $ Form . State-taxable dividends often come from mutual funds or Exchange Traded Funds (ETFs) that hold a multi-state portfolio of municipal bonds. Invest in tax-exempt accounts. interest dividends that may be exempt from state income tax. Many revenue bonds with stable and growing sources of revenue sell at quite attractive yields relative to U. If any federal tax was withheld in box 4, enter this amount here. Dividends earned by nonresidents are typically subjected to a tax rate of 30%. However, outside of Nevada, you may get a better state-sponsored 529 if your state offers one, as it may offer tax deductions or credits. This amount is generally exempt from Federal income tax. 75 Florida 5. Territories (from table) Portion of Interest Dividends that May Be Exempt from State Income Taxes. 8% to a taxable accounts returns, on average. Community: Discussions: Taxes: Deductions & credits: My 1099-DIV auto imported from Wealthfront. ”Which tax documents should I be expecting? You should expect the following: For any taxable investment accounts with dividends or realized gains/losses, we’ll post a Consolidated 1099. So, for example, if a trust earns $10,000 in income during 2023, it would pay the following. Mutual funds that invest in municipal bonds distribute exempt-interest dividends. If less than 95% of the federally tax-exempt interest dividend from a. Fidelity Mutual Fund Tax InformationThe fiscal problems of state and local governments are well known, and the sometimes perilous state of municipal budgets has led to relatively high yield spreads on all tax-exempt bonds. , taxable or nontaxable) or holding. Market discount on tax-exempt bonds, as well as swap gains, are Taxable distributions 2022 Form 1099-DIV or substitute Form 1099. So, let’s look at the 2023 tax brackets for single and joint filers of qualified dividends. 15. However, the dividends from the treasury fund (VUSXX) is tax exempt at the state level, and the dividends from my municipal funds (VCADX) is tax exempt at levels of federal and state. In the United States, there are some mutual funds that allow investors to. Current Tax Rate is the combined federal + state tax rate applicable to the. When you invest elsewhere, you can typically expect a bunch of fees: commissions, transfer fees, maintenance fees, inventory markups, PFOFs… the list goes on. Account minimums for Wealthfront exclusives (the Risk Parity Fund, US Direct Indexing, and Smart Beta) To invest in US Direct Indexing (formerly known as Stock-level Tax-Loss Harvesting) you’ll need to deposit at least $100,000 in your account. This is the date by which you must either file your taxes or Form 4686 to get a tax extension. The information contained herein is based on current tax laws, which may . This is the date by which you must either file your taxes or Form 4686 to get a tax extension. Employees must use this form to claim tax-exempt status for any reason by checking the appropriate box. g. 53% + GUA 0% + PR 0% + VI. In many states, income derived from other. Treasuries. 4% annual rate of return and the taxable investment account has an 8. “After-tax dollars” means that, unlike a Traditional IRA, you can’t deduct your contributions. Further, other states, such as Wisconsin, limit the tax exemption on federally Exempt Interest Dividends to certain specified home state bonds. CMF: iShares Tax-Exempt Interest by State; New York State-Specific ETF. Today, we’re excited to announce an improvement to our investing product: we are updating three of the alternate ETFs Wealthfront uses to conduct Tax-Loss Harvesting. 36 North Carolina 1. Indiana publishes a list of “direct” federal obligations exempt from state tax that appears similar to the list above under Explanation of Selected Items. Earn 5. ETFs are preferable to index funds from a tax standpoint. Page Last Reviewed. 66%. *Percentages are the same for all fund classes (Investor, Advisor, and I classes). If you owned shares of any of the Fidelity funds listed in the table on the following pages of this letter during 2019, a portion of the tax-exempt interest dividend income you earned may be exempt from your state’s income tax. 15% capital gains rate, and 9. securities in order for any dividend income derived from these obligations to be exempt from state income tax. Reinvests dividends to rebalance your portfolio. The percentages of income earned by the funds from each state or U. In the Dividends and Distributions section of your Form 1099, you may have a values in boxes 7 & 8: “Foreign tax paid” and the corresponding “Foreign country or US. Additionally, Wealthfront Advisers or its affiliates do not provide tax advice and investors are encouraged to consult with their personal tax advisors. Once it is passed through another entity like a mutual fund, it is only exempt from state tax if the state deems it exempt. Found a good answer from WealthFront: Because the underlying bonds that result in. territorial obligations) may be exempt from state income tax. NerdWallet rating. Most likely this form will be available on January 31st. You also won't pay state taxes on income from dividends or interest in South Dakota. There are, however, certain requirements that. The amount of municipal bond interest from your state, Puerto Rico, the Virgin Islands, and Guam can be calculated by multiplying the total interest dividend you received from a fund (reported as tax-exempt interest on Form 1099-DIV) by the appropriate percentage of interest received from your state, Puerto Rico, the Virgin Islands, and Guam. State requirements are complex, so you should consider consulting a tax advisor for your specific state. TurboTax Live Deluxe Full Service. You can find the state on more detailed info sent from your financial provider. The information contained herein is based on current tax laws, which may change in the future. If you owned shares of any of the Fidelity funds listed in the table on the following pages of this letter during 2020, a portion of the tax-exempt interest dividend income you earned may be exempt from your state’s income tax. Anything higher than that results in a 20% rate. 93 Dist. 70% New Mexico 0. 15. S. From a tax perspective, 2015 was an unprecedented year of tax savings for Wealthfront clients who took advantage of our Daily Tax-Loss Harvesting and Stock-level Tax-Loss Harvesting services. Today I am excited to announce the first significant improvements to Wealthfront’s investment service since I joined the company as chief investment officer. 8%. When you buy VWRL for example, that is functionally the same as converting GBP to USD and buying VWRD. • Tax Information for Tax-Free Funds: state and federal tax reporting requirements for your T. Tax-exempt interest dividends by state for 2015 State Tax-Exempt Money Market Fund Short-Term Tax-Exempt Fund Limited-Term Tax-Exempt Intermediate-Term Tax-Exempt Fund Long-Term Tax- High-Yield Tax- Tax-Managed Balanced Fund Tax-Exempt Bond Index Alabama 0. Additionally, in many states the federally Exempt Interest Dividends that are derived from interest on bonds issued by U. Here's a direct shot to the XLS file for 2017. 1099-DIV. 2(422) provides a list of federal obligations exempt from state tax that appears similar to the list above under Explanation of Selected Items. In the dropdown, select your state and enter an amount. Columbia 2. Sometimes I get so confused I get a mental block even if it's right in front of me. Vote. Nuveen would be the source for info on what states make up their fund. FreeTaxUSA and Wealthfront: State Tax-Exempt. 25%. 10% = $21. g. Dividends and qualified dividend distributions details 17 . Interest from Treasury bonds is typically exempt from state income tax, so we include more of them for clients in higher. 25%. S. TurboTax Self-employed & investor taxes. The Gabelli fund is an oddball with high duration/life vs. . Although state tax laws differ, many states do not tax interest on the bonds they issue or on interest from municipal bonds issued within the same state. S. 48% SEC yield is a pre-tax post-fee calculation so it does not include any potential tax benefits. 1. , taxable or nontaxable) or holding period. when distributed as a dividend from a mutual fund, and Section265 of the Internal Revenue Code (IRC), which disallows a deduction for expenses allocable to tax-exempt income. S. Does anyone know where I can find which state it is for the except tax? On form 1099-DIV?No, your box 12 amount is dividends from investments that are exempt from federal tax. ago. to 4:30 p. If you have questions, we recommend you contact your tax advisor, the IRS at 1-800-829-1040, orPlease consult your tax advisor regarding the tax status of Fund distributions in your state. ”. 4. 53% (MA 1. If you have more than one state, you need the second Dividend entry worksheet. ”. Managed automatically. 06% 0. We charge a small, 0. The distribution deduction would be $15,000. non-profit companies) Pension, provident, preservation, retirement annuity, beneficiary and benefit funds. Though exempt from federal income tax, interest dividends from municipal bonds may or may not be exempt from state taxes. Federally tax-exempt income dividends Calculate how much of a fund’s federally tax-exempt income dividends can be excluded from your state taxable income. 019*30=$120. We would like to show you a description here but the site won’t allow us. The amount in this box reduces your federal tax liability and should be claimed on IRS Form 1040. All of the income from those bonds, other than than those issued within your home state, are taxable by your home state. I found directions to the file at Betterment's site following a google search, btw. g. percentage of your fund’s tax-exempt income by state is outlined in the table on page three. , taxable or nontaxable) or holding. Exempt interest dividends from mutual funds aren’t taxable, but you should report them on your return if you’re required to file. 25% management. g. In this section you will find information for the Western Asset multi-state funds that have paid income dividends which are tax- exempt for regular Federal income tax purposes. The question and examples provided by sam-ehrlichman in the above message state that tax exempt interest is in box 10. 77% Intermediate Tax-Exempt 7. Limited Term Tax-Exempt Bond Fund of America®. Other distributions and charges 17 . After that, you pay a 15% rate if you fall in a tax bracket between $44,626 and $492,300. 62 Oklahoma 0. While they don’t exist on the W-4 anymore, it’s still very possible to affect the size of your paychecks by claiming additional withholding or deductions. multiply the “% of dividends from U. 6D reports any tax exempt dividends that were distributed in your taxable investment account. It is tedious. Thrivent Municipal Bond Fund information by state for 2022. S. 51 Tennessee 0.