Stevens Howard Professional Publishing

Information on over 5,000 Mutual Funds

2009 U.S. Government Obligations Report
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2009 State Percentages for Municipal Bond Funds
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As you know, most states give their residents a tax break - and you a potential nightmare. Residents of your state can exclude from their state taxable income the portion of mutual fund dividend income attributable to U. S. Treasury securities. In addition, residents can exclude from their state taxable income the portion of mutual fund dividend interest attributable to their state's municipal bonds and securities.

Great for clients! But what does that mean for you? If you're like some tax preparers in other states, it could mean calling a lot of mutual funds or stockbrokers for the required information about the percentage of income derived from U.S. Government obligations and the percentage of municipal bond fund interest attributable to your state. Or you could do what thousands of tax preparers across the country do - use our publications for the information from over 5,000 mutual funds.

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