Fund Tax Pro
Fidelity SAI Municipal Money Market Fund (FMQXX): 2025 tax information
Fidelity published the federal AMT percentage and state percentages for Fidelity SAI Municipal Money Market Fund for tax year 2025. This page shows what is on file for this mutual fund and where it was published.
| Item | Published figure | Fund company source |
|---|---|---|
| Federal AMT percentage | ••.••% | 2025 Fidelity Municipal Fund Distributions Subject to the AMT Page 2. Annual % subject to federal AMT |
| Exempt-interest dividends by state (54 rows) | ••.••% | 2025 Tax-Exempt Income from Fidelity Funds (revised) Page 4. Income by state and territory as a percentage of tax-exempt interest dividends |
What's on file for this fund
- Ticker: FMQXX.
- The source reports this fund against 54 states and territories, with income above zero in 45 of them.
- Federal AMT percentage. The share of the fund's exempt-interest dividends attributed to private activity bonds for the alternative minimum tax. It is applied to Form 1099-DIV, Box 12.
- Exempt-interest dividends by state. The share of the fund's exempt-interest dividends that came from each state and territory. It is applied to Form 1099-DIV, Box 12.
How Fidelity reports this
Fidelity publishes supplemental letters for tax-exempt income, U.S. government securities and AMT, plus a separate foreign tax table.
Fidelity's tax-exempt letter spreads its municipal funds across several pages of state tables, and some entries cover all classes of a fund under one line instead of a single ticker. A revised version of the letter was published for 2025.
FMQXX by state
Choose the state on the return to see that state's reference for this fund.
- FMQXX AK: Alaska
- FMQXX AL: Alabama
- FMQXX AR: Arkansas
- FMQXX AZ: Arizona
- FMQXX CA: California
- FMQXX CO: Colorado
- FMQXX CT: Connecticut
- FMQXX DC: District of Columbia
- FMQXX DE: Delaware
- FMQXX FL: Florida
- FMQXX GA: Georgia
- FMQXX GU: Guam
- FMQXX HI: Hawaii
- FMQXX IA: Iowa
- FMQXX ID: Idaho
- FMQXX IL: Illinois
- FMQXX IN: Indiana
- FMQXX KS: Kansas
- FMQXX KY: Kentucky
- FMQXX LA: Louisiana
- FMQXX MA: Massachusetts
- FMQXX MD: Maryland
- FMQXX ME: Maine
- FMQXX MI: Michigan
- FMQXX MN: Minnesota
- FMQXX MO: Missouri
- FMQXX MS: Mississippi
- FMQXX MT: Montana
- FMQXX NC: North Carolina
- FMQXX ND: North Dakota
- FMQXX NE: Nebraska
- FMQXX NH: New Hampshire
- FMQXX NJ: New Jersey
- FMQXX NM: New Mexico
- FMQXX NV: Nevada
- FMQXX NY: New York
- FMQXX OH: Ohio
- FMQXX OK: Oklahoma
- FMQXX OR: Oregon
- FMQXX PA: Pennsylvania
- FMQXX PR: Puerto Rico
- FMQXX RI: Rhode Island
- FMQXX SC: South Carolina
- FMQXX SD: South Dakota
- FMQXX TN: Tennessee
- FMQXX TX: Texas
- FMQXX UT: Utah
- FMQXX VA: Virginia
- FMQXX VI: U.S. Virgin Islands
- FMQXX VT: Vermont
- FMQXX WA: Washington
- FMQXX WI: Wisconsin
- FMQXX WV: West Virginia
- FMQXX WY: Wyoming
Common questions
How much of FMQXX's exempt-interest dividends came from my client's state?
Fidelity reports this as a percentage for each state. It applies to the amount in Box 12 of Form 1099-DIV. The tax preparer decides how the result is treated on the return.
Is any of FMQXX's income subject to the federal AMT?
Fidelity publishes an AMT percentage for this fund for tax year 2025, applied to exempt-interest dividends.