Fund Tax Pro
PTEXX South Dakota (SD) exempt-interest percentage, tax year 2025
T. Rowe Price Tax-Exempt Money Fund is a national fund that reports income across 43 jurisdictions, so only part of its Box 12 amount relates to any one state.
| Item | Published figure | Fund company source |
|---|---|---|
| South Dakota share of exempt-interest dividends, 2025 | ••.••% | 2025 Tax Information for Tax-Free Funds (saved web page) Page 15. By-state table: Tax-Free Funds |
| Federal AMT percentage, 2025 | ••.••% | 2025 Tax Information for Tax-Free Funds (saved web page) Page 15 |
Working out PTEXX state deductibility in South Dakota
Preparers looking up PTEXX 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 PTEXX's tax year 2025 percentage for South Dakota, the calculation, the document title (2025 Tax Information for Tax-Free Funds (saved web page)) and page 15. Subscribers can also download T. Rowe Price's document itself.