Fund Tax Pro
COTAX Colorado (CO) exempt-interest percentage, tax year 2025
NYLI MacKay Colorado Muni Fund is New York Life Investments' Colorado fund, so Colorado is the state its table centers on.
| Item | Published figure | Fund company source |
|---|---|---|
| Colorado 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 COTAX state deductibility in Colorado
Preparers looking up COTAX for a Colorado return usually start with the fund's Colorado percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Colorado 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 COTAX's tax year 2025 percentage for Colorado, 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.