Fund Tax Pro
VTMFX Puerto Rico (PR) exempt-interest percentage, tax year 2025
Vanguard Tax-Managed Balanced Fund is a national fund that reports income across 54 jurisdictions, so only part of its Box 12 amount relates to any one state.
| Item | Published figure | Fund company source |
|---|---|---|
| Puerto Rico share of exempt-interest dividends, 2025 | ••.••% | 2025 Tax-Exempt Interest Dividends by State Page 2. Table 2: Tax-exempt interest dividends by state |
| Federal AMT percentage, 2025 | ••.••% | 2025 Alternative Minimum Tax: Tax-Preference Dividends by Fund Page 1 |
Working out VTMFX state deductibility in Puerto Rico
Preparers looking up VTMFX for a Puerto Rico return usually start with the fund's Puerto Rico percentage. Multiply it by the exempt-interest dividends in Box 12 of Form 1099-DIV to get the Puerto Rico 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 VTMFX's tax year 2025 percentage for Puerto Rico, the calculation, the document title (2025 Tax-Exempt Interest Dividends by State) and page 2. Subscribers can also download Vanguard's document itself.