Fund Tax Pro
JNPXX Puerto Rico (PR) exempt-interest percentage, tax year 2025
JPMorgan New York Municipal Money Market Fund is a New York fund. A Puerto Rico 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 |
|---|---|---|
| Puerto Rico share of exempt-interest dividends, 2025 | ••.••% | J.P. Morgan Funds 2025 Distribution Notice Page 2. Tax-Exempt Income Distribution Information |
| Federal AMT percentage, 2025 | ••.••% | J.P. Morgan Funds 2025 Distribution Notice Page 2 |
Working out JNPXX state deductibility in Puerto Rico
Preparers looking up JNPXX for a Puerto Rico return usually start with the fund's Puerto Rico percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Puerto Rico 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 JNPXX's tax year 2025 percentage for Puerto Rico, the calculation, the document title (J.P. Morgan Funds 2025 Distribution Notice) and page 2. Subscribers can also download JPMorgan's document itself.