Fund Tax Pro
NYF South Dakota (SD) exempt-interest percentage, tax year 2025
iShares New York Muni Bond ETF is a New York fund. A South Dakota 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 |
|---|---|---|
| South Dakota share of exempt-interest dividends, 2025 | ••.••% | 2025 Tax-Exempt Interest Dividends by State Pages 1, 2. Tax-exempt interest dividends by state for 2025 |
| Federal AMT percentage, 2025 | ••.••% | 2025 Tax-Exempt Interest Dividends by State Page 2 |
Working out NYF state deductibility in South Dakota
Preparers looking up NYF for a South Dakota return usually start with the fund's South Dakota percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the South Dakota 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 NYF's tax year 2025 percentage for South Dakota, the calculation, the document title (2025 Tax-Exempt Interest Dividends by State) and pages 1, 2. Subscribers can also download iShares' document itself.