Fund Tax Pro
GIJAX Tennessee (TN) exempt-interest percentage, tax year 2025
Guggenheim Municipal Income Fund is a national fund that reports income across 45 jurisdictions, so only part of its Box 12 amount relates to any one state.
| Item | Published figure | Fund company source |
|---|---|---|
| Tennessee share of exempt-interest dividends, 2025 | ••.••% | 2025 Guggenheim Municipal Income Fund Income State Tax Information Page 1. Percentage of the tax-exempt income earned by the Fund from each state |
| Federal AMT percentage, 2025 | ••.••% | 2025 Guggenheim Municipal Income Fund Income State Tax Information Page 1 |
| U.S. government obligation income, 2025 | ••.••% | 2025 Important State Tax Information Page 1 |
Working out GIJAX state deductibility in Tennessee
Preparers looking up GIJAX for a Tennessee return usually start with the fund's Tennessee percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Tennessee 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 GIJAX's tax year 2025 percentage for Tennessee, the calculation, the document title (2025 Guggenheim Municipal Income Fund Income State Tax Information) and page 1. Subscribers can also download Guggenheim Investments' document itself.