Fund Tax Pro
AZTAX Arizona (AZ) exempt-interest percentage, tax year 2025
NYLI MacKay Arizona Muni Fund is New York Life Investments' Arizona fund, so Arizona is the state its table centers on.
| Item | Published figure | Fund company source |
|---|---|---|
| Arizona share of exempt-interest dividends, 2025 | ••.••% | 2025 NYLI Funds Income Tax Information Notice Page 5. NYLI MacKay State Specific Muni Funds |
| Federal AMT percentage, 2025 | ••.••% | 2025 NYLI Funds Income Tax Information Notice Page 5 |
Working out AZTAX state deductibility in Arizona
Preparers looking up AZTAX for a Arizona return usually start with the fund's Arizona percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Arizona portion. Fund Tax Pro supplies the published percentage, the calculation and the source; the preparer decides how it is treated on the return.
Backup for the client file
The backup PDF records AZTAX's tax year 2025 percentage for Arizona, the calculation, the document title (2025 NYLI Funds Income Tax Information Notice) and page 5. Subscribers can also download New York Life Investments' document itself.