Fund Tax Pro
T. Rowe Price Tax-Free High Yield Fund (PRFHX, PATFX, PTYIX): 2025 tax information
T. Rowe Price published the federal AMT percentage and state percentages for T. Rowe Price Tax-Free High Yield 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 Tax Information for Tax-Free Funds (saved web page) Page 2. Percentage of income to include in the AMT calculation |
| Exempt-interest dividends by state (55 rows) | ••.••% | 2025 Tax Information for Tax-Free Funds (saved web page) Page 2. By-state table: Tax-Free Funds |
What's on file for this fund
- The same figures apply across 3 listed tickers: PRFHX, PATFX, PTYIX.
- Share classes on file: Advisor and I.
- The source reports this fund against 55 states and territories, with income above zero in 46 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.
How T. Rowe Price reports this
T. Rowe Price publishes its tax tables as web pages instead of a single document, including a by-state page and a U.S. government securities page.
Its by-state tables note that columns can total more than 100% because income on some bonds is exempt in more than one state. Its Utah row also includes certain non-Utah obligations, so that figure reads differently from the other states.
PRFHX by state
Choose the state on the return to see that state's reference for this fund.
- PRFHX AK: Alaska
- PRFHX AL: Alabama
- PRFHX AR: Arkansas
- PRFHX AZ: Arizona
- PRFHX CA: California
- PRFHX CO: Colorado
- PRFHX CT: Connecticut
- PRFHX DC: District of Columbia
- PRFHX DE: Delaware
- PRFHX FL: Florida
- PRFHX GA: Georgia
- PRFHX GU: Guam
- PRFHX HI: Hawaii
- PRFHX IA: Iowa
- PRFHX ID: Idaho
- PRFHX IL: Illinois
- PRFHX IN: Indiana
- PRFHX KS: Kansas
- PRFHX KY: Kentucky
- PRFHX LA: Louisiana
- PRFHX MA: Massachusetts
- PRFHX MD: Maryland
- PRFHX ME: Maine
- PRFHX MI: Michigan
- PRFHX MN: Minnesota
- PRFHX MO: Missouri
- PRFHX MP: Northern Mariana Islands
- PRFHX MS: Mississippi
- PRFHX MT: Montana
- PRFHX NC: North Carolina
- PRFHX ND: North Dakota
- PRFHX NE: Nebraska
- PRFHX NH: New Hampshire
- PRFHX NJ: New Jersey
- PRFHX NM: New Mexico
- PRFHX NV: Nevada
- PRFHX NY: New York
- PRFHX OH: Ohio
- PRFHX OK: Oklahoma
- PRFHX OR: Oregon
- PRFHX PA: Pennsylvania
- PRFHX PR: Puerto Rico
- PRFHX RI: Rhode Island
- PRFHX SC: South Carolina
- PRFHX SD: South Dakota
- PRFHX TN: Tennessee
- PRFHX TX: Texas
- PRFHX UT: Utah
- PRFHX VA: Virginia
- PRFHX VI: U.S. Virgin Islands
- PRFHX VT: Vermont
- PRFHX WA: Washington
- PRFHX WI: Wisconsin
- PRFHX WV: West Virginia
- PRFHX WY: Wyoming
Common questions
How much of PRFHX's exempt-interest dividends came from my client's state?
T. Rowe Price 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.
Is any of PRFHX's income subject to the federal AMT?
T. Rowe Price publishes an AMT percentage for this fund for tax year 2025, applied to exempt-interest dividends.