Fund Tax Pro
BATEX Delaware (DE) exempt-interest percentage, tax year 2025
BATS: High Income Municipal Series is a national fund that reports income across 47 jurisdictions, so only part of its Box 12 amount relates to any one state.
| Item | Published figure | Fund company source |
|---|---|---|
| Delaware share of exempt-interest dividends, 2025 | ••.••% | 2025 Important Tax Information for Open-End Funds Page 3. Multi-State Municipal Funds |
| Federal AMT percentage, 2025 | ••.••% | 2025 Important Tax Information for Open-End Funds Page 3 |
| U.S. government obligation income, 2025 | ••.••% | 2025 Important Tax Information for Open-End Funds Page 5 |
Working out BATEX state deductibility in Delaware
Preparers looking up BATEX for a Delaware return usually start with the fund's Delaware percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Delaware 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 BATEX's tax year 2025 percentage for Delaware, the calculation, the document title (2025 Important Tax Information for Open-End Funds) and page 3. Subscribers can also download BlackRock's document itself.