Fund Tax Pro
Fidelity SAI Municipal Income Fund (FSMNX): 2025 tax information
Fidelity published the federal AMT percentage and state percentages for Fidelity SAI Municipal Income 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: FSMNX.
- The source reports this fund against 54 states and territories, with income above zero in 51 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.
FSMNX by state
Choose the state on the return to see that state's reference for this fund.
- FSMNX AK: Alaska
- FSMNX AL: Alabama
- FSMNX AR: Arkansas
- FSMNX AZ: Arizona
- FSMNX CA: California
- FSMNX CO: Colorado
- FSMNX CT: Connecticut
- FSMNX DC: District of Columbia
- FSMNX DE: Delaware
- FSMNX FL: Florida
- FSMNX GA: Georgia
- FSMNX GU: Guam
- FSMNX HI: Hawaii
- FSMNX IA: Iowa
- FSMNX ID: Idaho
- FSMNX IL: Illinois
- FSMNX IN: Indiana
- FSMNX KS: Kansas
- FSMNX KY: Kentucky
- FSMNX LA: Louisiana
- FSMNX MA: Massachusetts
- FSMNX MD: Maryland
- FSMNX ME: Maine
- FSMNX MI: Michigan
- FSMNX MN: Minnesota
- FSMNX MO: Missouri
- FSMNX MS: Mississippi
- FSMNX MT: Montana
- FSMNX NC: North Carolina
- FSMNX ND: North Dakota
- FSMNX NE: Nebraska
- FSMNX NH: New Hampshire
- FSMNX NJ: New Jersey
- FSMNX NM: New Mexico
- FSMNX NV: Nevada
- FSMNX NY: New York
- FSMNX OH: Ohio
- FSMNX OK: Oklahoma
- FSMNX OR: Oregon
- FSMNX PA: Pennsylvania
- FSMNX PR: Puerto Rico
- FSMNX RI: Rhode Island
- FSMNX SC: South Carolina
- FSMNX SD: South Dakota
- FSMNX TN: Tennessee
- FSMNX TX: Texas
- FSMNX UT: Utah
- FSMNX VA: Virginia
- FSMNX VI: U.S. Virgin Islands
- FSMNX VT: Vermont
- FSMNX WA: Washington
- FSMNX WI: Wisconsin
- FSMNX WV: West Virginia
- FSMNX WY: Wyoming
Common questions
How much of FSMNX'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 FSMNX's income subject to the federal AMT?
Fidelity publishes an AMT percentage for this fund for tax year 2025, applied to exempt-interest dividends.