Fund Tax Pro
NYLI MacKay Tax Free Bond Fund (MTBAX, MKINX, MKTBX, +4 more): 2025 tax information
New York Life Investments published the federal AMT percentage, state percentages and U.S. government obligation percentage for NYLI MacKay Tax Free Bond Fund for tax year 2025. This page shows what is on file for this mutual fund and where it was published.
| Item | Published figure | Fund company source |
|---|---|---|
| Federal AMT percentage | ••.••% | 2025 NYLI Funds Income Tax Information Notice Page 1. Percentage of income subject to AMT |
| Exempt-interest dividends by state (54 rows) | ••.••% | 2025 NYLI Funds Income Tax Information Notice Pages 4, 5. Percentage of each Fund's dividend earned from securities of each state or jurisdiction |
| U.S. government obligation income | ••.••% | 2025 NYLI Funds Income Tax Information Notice Page 8. U.S. Government Obligation % |
What's on file for this fund
- The same figures apply across 7 listed tickers: MTBAX, MKINX, MKTBX, MTBDX, MTBIX, MTFCX, MTSPX.
- Share classes on file: A, INV, B, R6, I, C and C2.
- CUSIPs on file: 56062F327, 56062F756, 56062X377, 56063N519, 56063N709, 56063N717.
- The source reports this fund against 54 states and territories, with income above zero in 50 of them.
- Federal AMT percentage. The share of the fund's exempt-interest dividends attributed to private activity bonds for the alternative minimum tax. It is applied to Form 1099-DIV, Box 12.
- Exempt-interest dividends by state. The share of the fund's exempt-interest dividends that came from each state and territory. It is applied to Form 1099-DIV, Box 12.
- U.S. government obligation income. The share of the fund's ordinary dividends that came from U.S. government obligations. It is applied to Form 1099-DIV, Box 1a.
How New York Life Investments reports this
New York Life Investments publishes one income tax notice for its mutual funds, with a separate state notice for its MacKay municipal ETFs.
Its mutual fund notice gives each national municipal fund its own state table with one decimal place, while the ETF notice prints the funds side by side with two decimals. State-specific funds appear in a shorter summary table.
Its notice lists U.S. government obligation percentages for a range of funds, including some municipal funds, and states that none met the minimum holding requirements named there.
MTBAX by state
Choose the state on the return to see that state's reference for this fund.
- MTBAX AK: Alaska
- MTBAX AL: Alabama
- MTBAX AR: Arkansas
- MTBAX AZ: Arizona
- MTBAX CA: California
- MTBAX CO: Colorado
- MTBAX CT: Connecticut
- MTBAX DC: District of Columbia
- MTBAX DE: Delaware
- MTBAX FL: Florida
- MTBAX GA: Georgia
- MTBAX GU: Guam
- MTBAX HI: Hawaii
- MTBAX IA: Iowa
- MTBAX ID: Idaho
- MTBAX IL: Illinois
- MTBAX IN: Indiana
- MTBAX KS: Kansas
- MTBAX KY: Kentucky
- MTBAX LA: Louisiana
- MTBAX MA: Massachusetts
- MTBAX MD: Maryland
- MTBAX ME: Maine
- MTBAX MI: Michigan
- MTBAX MN: Minnesota
- MTBAX MO: Missouri
- MTBAX MS: Mississippi
- MTBAX MT: Montana
- MTBAX NC: North Carolina
- MTBAX ND: North Dakota
- MTBAX NE: Nebraska
- MTBAX NH: New Hampshire
- MTBAX NJ: New Jersey
- MTBAX NM: New Mexico
- MTBAX NV: Nevada
- MTBAX NY: New York
- MTBAX OH: Ohio
- MTBAX OK: Oklahoma
- MTBAX OR: Oregon
- MTBAX PA: Pennsylvania
- MTBAX PR: Puerto Rico
- MTBAX RI: Rhode Island
- MTBAX SC: South Carolina
- MTBAX SD: South Dakota
- MTBAX TN: Tennessee
- MTBAX TX: Texas
- MTBAX UT: Utah
- MTBAX VA: Virginia
- MTBAX VI: U.S. Virgin Islands
- MTBAX VT: Vermont
- MTBAX WA: Washington
- MTBAX WI: Wisconsin
- MTBAX WV: West Virginia
- MTBAX WY: Wyoming
Common questions
How much of MTBAX's exempt-interest dividends came from my client's state?
New York Life Investments reports this as a percentage for each state. It applies to the amount in Box 12 of Form 1099-DIV. The tax preparer decides how the result is treated on the return.
Does MTBAX report income from U.S. government obligations?
Yes. New York Life Investments reports one percentage for this fund for tax year 2025, and it is the same whichever state the return is for. It applies to ordinary dividends in Box 1a of Form 1099-DIV.
Is any of MTBAX's income subject to the federal AMT?
New York Life Investments publishes an AMT percentage for this fund for tax year 2025, applied to exempt-interest dividends.