Fund Tax Pro
MMMA Idaho (ID) exempt-interest percentage, tax year 2025
NYLI MacKay Muni Allocation ETF is a national fund that reports income across 15 jurisdictions, so only part of its Box 12 amount relates to any one state.
| Item | Published figure | Fund company source |
|---|---|---|
| Idaho 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 MMMA state deductibility in Idaho
Preparers looking up MMMA for a Idaho return usually start with the fund's Idaho percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Idaho 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 MMMA's tax year 2025 percentage for Idaho, 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.