Fund Tax Pro
PYN Michigan (MI) exempt-interest percentage, tax year 2025
PIMCO New York Municipal Income Fund III is a New York fund. A Michigan 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 |
|---|---|---|
| Michigan share of exempt-interest dividends, 2025 | ••.••% | 2025 PIMCO Tax Information Page 13. State and Territory Detail |
Working out PYN state deductibility in Michigan
Preparers looking up PYN for a Michigan return usually start with the fund's Michigan percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Michigan 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 PYN's tax year 2025 percentage for Michigan, the calculation, the document title (2025 PIMCO Tax Information) and page 13. Subscribers can also download PIMCO's document itself.