Fund Tax Pro
NJTFX New Jersey (NJ) exempt-interest percentage, tax year 2025
T. Rowe Price New Jersey Tax-Free Bond Fund is T. Rowe Price's New Jersey fund, so New Jersey is the state its table centers on.
| Item | Published figure | Fund company source |
|---|---|---|
| New Jersey share of exempt-interest dividends, 2025 | ••.••% | 2025 Tax Information for Tax-Free Funds (saved web page) Page 14. Taxability of State Tax-Free Funds' Dividend Income |
| Federal AMT percentage, 2025 | ••.••% | 2025 Tax Information for Tax-Free Funds (saved web page) Page 14 |
Working out NJTFX state deductibility in New Jersey
Preparers looking up NJTFX for a New Jersey return usually start with the fund's New Jersey percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the New Jersey 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 NJTFX's tax year 2025 percentage for New Jersey, the calculation, the document title (2025 Tax Information for Tax-Free Funds (saved web page)) and page 14. Subscribers can also download T. Rowe Price's document itself.