Fund Tax Pro
MALMX Illinois (IL) exempt-interest percentage, tax year 2025
BlackRock Short Duration Muni 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 |
|---|---|---|
| Illinois share of exempt-interest dividends, 2025 | ••.••% | 2025 Important Tax Information for Open-End Funds Page 4. Multi-State Municipal Funds |
| Federal AMT percentage, 2025 | ••.••% | 2025 Important Tax Information for Open-End Funds Page 4 |
Working out MALMX state deductibility in Illinois
Preparers looking up MALMX for a Illinois return usually start with the fund's Illinois percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Illinois 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 MALMX's tax year 2025 percentage for Illinois, the calculation, the document title (2025 Important Tax Information for Open-End Funds) and page 4. Subscribers can also download BlackRock's document itself.