Fund Tax Pro
CALI West Virginia (WV) exempt-interest percentage, tax year 2025
iShares Short-Term California Muni Active ETF is a California fund. A West Virginia return is an unusual match, so confirm the fund and the client's state before relying on a figure.
| Item | Published figure | Fund company source |
|---|---|---|
| West Virginia share of exempt-interest dividends, 2025 | ••.••% | 2025 Tax-Exempt Interest Dividends by State Pages 1, 2. Tax-exempt interest dividends by state for 2025 |
| Federal AMT percentage, 2025 | ••.••% | 2025 Tax-Exempt Interest Dividends by State Page 2 |
Working out CALI state deductibility in West Virginia
Preparers looking up CALI for a West Virginia return usually start with the fund's West Virginia percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the West 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 CALI's tax year 2025 percentage for West Virginia, the calculation, the document title (2025 Tax-Exempt Interest Dividends by State) and pages 1, 2. Subscribers can also download iShares' document itself.