Fund Tax Pro
PRTAX Colorado (CO) exempt-interest percentage, tax year 2025
T. Rowe Price Tax-Free Income Fund is a national fund that reports income across 46 jurisdictions, so only part of its Box 12 amount relates to any one state.
| Item | Published figure | Fund company source |
|---|---|---|
| Colorado share of exempt-interest dividends, 2025 | ••.••% | 2025 Tax Information for Tax-Free Funds (saved web page) Page 2. By-state table: Tax-Free Funds |
| Federal AMT percentage, 2025 | ••.••% | 2025 Tax Information for Tax-Free Funds (saved web page) Page 2 |
Working out PRTAX state deductibility in Colorado
Preparers looking up PRTAX for a Colorado return usually start with the fund's Colorado percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Colorado 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 PRTAX's tax year 2025 percentage for Colorado, the calculation, the document title (2025 Tax Information for Tax-Free Funds (saved web page)) and page 2. Subscribers can also download T. Rowe Price's document itself.