Fund Tax Pro
VCV Rhode Island (RI) exempt-interest percentage, tax year 2025
Invesco California Value Municipal Income Trust is a California fund. A Rhode Island 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 |
|---|---|---|
| Rhode Island share of exempt-interest dividends, 2025 | ••.••% | Important 2025 Tax Return Document: Invesco Closed-End Funds Page 3. Income Breakdown: closed-end national funds |
| Federal AMT percentage, 2025 | ••.••% | Important 2025 Tax Return Document: Invesco Closed-End Funds Page 2 |
Working out VCV state deductibility in Rhode Island
Preparers looking up VCV for a Rhode Island return usually start with the fund's Rhode Island percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Rhode Island 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 VCV's tax year 2025 percentage for Rhode Island, the calculation, the document title (Important 2025 Tax Return Document: Invesco Closed-End Funds) and page 3. Subscribers can also download Invesco's document itself.