Fund Tax Pro
BATVX Virginia (VA) exempt-interest percentage, tax year 2025
BATS: Short Term Municipal Income Series is a national fund that reports income across 37 jurisdictions, so only part of its Box 12 amount relates to any one state.
| Item | Published figure | Fund company source |
|---|---|---|
| Virginia 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 |
Working out BATVX state deductibility in Virginia
Preparers looking up BATVX for a Virginia return usually start with the fund's Virginia percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Virginia 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 BATVX's tax year 2025 percentage for Virginia, the calculation, the document title (2025 Important Tax Information for Open-End Funds) and page 3. Subscribers can also download BlackRock's document itself.