Fund Tax Pro
SHYM Montana (MT) exempt-interest percentage, tax year 2025
iShares Short Duration High Yield Muni Active ETF is a national fund that reports income across 49 jurisdictions, so only part of its Box 12 amount relates to any one state.
| Item | Published figure | Fund company source |
|---|---|---|
| Montana 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 |
| U.S. government obligation income, 2025 | ••.••% | 2025 U.S. Government Source Income Information Page 7 |
Working out SHYM state deductibility in Montana
Preparers looking up SHYM for a Montana return usually start with the fund's Montana percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Montana 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 SHYM's tax year 2025 percentage for Montana, the calculation, the document title (2025 Tax-Exempt Interest Dividends by State) and pages 1, 2. Subscribers can also download iShares' document itself.