Fund Tax Pro
MMCA Utah (UT) exempt-interest percentage, tax year 2025
NYLI MacKay California Muni Intermediate ETF is a California fund. A Utah 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 |
|---|---|---|
| Utah share of exempt-interest dividends, 2025 | ••.••% | 2025 NYLI ETFs Tax-Exempt Interest Dividends by State Pages 1, 2, 3. Percentage of each Fund's dividend earned from securities of each state or jurisdiction |
| Federal AMT percentage, 2025 | ••.••% | 2025 NYLI ETFs Tax-Exempt Interest Dividends by State Page 1 |
Working out MMCA state deductibility in Utah
Preparers looking up MMCA for a Utah return usually start with the fund's Utah percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Utah 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 MMCA's tax year 2025 percentage for Utah, the calculation, the document title (2025 NYLI ETFs Tax-Exempt Interest Dividends by State) and pages 1, 2, 3. Subscribers can also download New York Life Investments' document itself.