This letter provides information to help you prepare your Utah state income tax return. When your account with US Direct Indexing approaches $500,000, you will automatically. If you follow the KISS approach, VUSXX is currently the best option out there. You are on the site for: Financial Professionals and Individual Investors. S. Box 14-16 are used to report state information. $1,000 X 2. I’ll detail the changes below, but I also. Was this article helpful?Alabama taxes on retirees. The 5. For background, the vanguard municipal fund consists of bonds from states across the nation. You can apply your harvested short-term losses to offset short-term gains; reduce your taxable ordinary income by up to $3,000 per year; carry forward your tax loss to future tax years; or offset long-term gains. 3. A client may request spousal monitoring online or by calling Wealthfront at 844-995-8437. Limited. Please consult your tax advisor to determine whether you are eligible for state tax exemption for this portion of your fund’s income. Va. An alternative would be to track your dividends manually and withdraw that much per month/quarter/whatever. Please note some states may tax such dividends in whole or in part. 42%. (Tax-Exempt Income Earned by State)* Alabama 0. IE, if you have TE int or TE divs from the same payer, and some are tax exempt for your home state and some are not, in Pro Series you will need TWO ENTRY. We assume a combined ordinary income tax rate of 30. percentage of your fund’s tax-exempt income by state is outlined in the table on page three. In the dropdown, select your state and enter an amount. This amount is generally exempt from Federal income tax. So, to be clear, when I click the box "A portion of these dividends is U. A new law for 2023 makes the first $6,000 or distributions from retirement plans (like IRAs and 401(k)s tax-exempt for retirees age 65 and older in Alabama. The question and examples provided by sam-ehrlichman in the above message state that tax exempt interest is in box 10. Fund Objective. In other words, these dividends, when so entered into TurboTax and thus onto your actual tax return, are federal tax-exempt income. Amount Subject to the NIIT. Most states that have an income tax do not tax withdrawals used to pay qualified higher education expenses. In this example, $93. , taxable or nontaxable) or holding. So. Since our funds are national, you may need to select “More Than One State” when you file your taxes. The following table shows the earnings from each state’s municipal bonds as a percentage of the total tax-exempt distributions paid by the fund. 20%. The 1099-DIV form doesn’t have a special box broken out for dividends attributed to. Information for state tax reporting This information may help you prepare your state income tax return. State . 19% Connecticut 0. Check I earned tax-exempt dividends in more than one state. "Enter exempt-interest dividends, which are income dividends paid to you from a mutual fund or other regulated investment company earned on federally tax-exempt securities, such as state municipal bonds. S. 8. Government bonds to qualify for a percentage of the fund’s income to be exempt from state and. Federally Tax-Exempt Dividends from Mutual Funds Investing in Bonds of Another State. It has the flexibility to invest in higher income securities across the ratings spectrum. 7% (per our whitepaper). Self-employed tax center. Columbia 2. Note: Tax rates include both federal and state tax rates and are based on the typical tax bracket of Wealthfront clients. TurboTax Live Full Service Business Taxes. Indiana publishes a list of “direct” federal obligations exempt from state tax that appears similar to the list above under Explanation of Selected Items. TurboTax Live Premium. From franchise tax board, California government website: California does not have a lower rate for qualified dividends. The effectiveness of the Tax-Loss Harvesting strategy to reduce the tax liability of the client will depend on the client’s entire tax and investment profile, including purchases and dispositions in a client’s (or client’s spouse’s) accounts outside of Wealthfront Advisers and type of investments (e. Here's a direct shot to the XLS file for 2017. For shares acquired on or after January 1, 2012, only dividends from Indiana sources and dividends from U. 8. Not only will we handle all the trades for you, but we’ll automatically reinvest your dividends, rebalance your portfolio, and look for regular Tax-Loss Harvesting opportunities, whenever possible. 2023. 2023. 51% Arkansas 0. However, if, for some reason, your investment didn’t perform as well as expected and you had only $20 of capital gains investment income, you could only deduct $20 of. 13% pre-tax). This section lists federal tax-exempt interest and exempt interest dividends you received, by security. STATE TAX INFORMATION We suggest that you contact your tax adviser for assistance in determining the tax treatment of the tax-exempt dividends in your state. Xtrackers ETFs cannot be held responsible for any direct or incidental loss resulting from applying any. 08 as of 11/17/2023 (updated daily) Fund. After-tax benefit in 2022: If you used Tax-Loss Harvesting in a Classic portfolio in 2022, our service harvested enough losses across all client vintages. TurboTax Live tax expert products. I receive dividends from mutual funds that invest in Treasuries and TIPS that should be partially tax free in my state (IL). of this example, assume that the investor had a federal tax-exempt dividend of $1,000. S. During normal market conditions, at least 80% of the Fund’s net assets will consist of tax-exempt securities. I-Bonds are no longer competitive as the rate is expected to plummet to 2% for the next 6 month period. If the underlying municipal bonds in the ETF are exclusively from the state an investor resides in, their dividends are usually exempt from state tax in addition to federal tax exemption. You can find the state on more detailed info sent from your financial provider. You can select More than one state and continue if you: - Live in a state with no income tax (AK, FL, NV, SD, WA, WY) - Live where. Percent Percent Subject Tax- Subject to to Federal Exempt Alternative Fund Income Tax Percentage Minimum Tax California Municipal Bond Fund (EVM) 3. 2022 VanEck Supplemental Tax Guide Page # Section 1 - Information for Municipal Income ETFs Taxable vs. Consistent with Utah law, these factors. Taxes on interest: If your investment. Check I earned tax-exempt dividends in more than one state. territorial obligations) may be exempt from state income tax. , taxable or nontaxable) or holding. State/Jurisdiction BlackRock Allocation. To determine this amount for each of your funds, multiply the "% of dividends from U. 00% 0. 25% annual management fee for the Automated Bond Portfolio, just like with our Automated Investing Account. 7% for a married couple who jointly earn an annual income of $260,000 (the average Wealthfront married couple client) and live in Pennsylvania. Enter any interest or dividend income received by a non-Ohio state government, if the interest and/or dividends is not included in your federal AGI. TurboTax Self-employed & investor taxes. Full Service for personal taxes. 19. and municipal bond income) you enter the. The effectiveness of the Tax-Loss Harvesting strategy to reduce the tax liability of the client will depend on the client’s entire tax and investment profile, including purchases and dispositions in a client’s (or client’s spouse’s) accounts outside of Wealthfront Advisers and type of investments (e. In many states, income derived from other. 00 California, Connecticut, and. Tax-loss harvesting is a tax-optimization strategy for taxable accounts that adds value on top of rebalancing. Series 480. 0025 * (30/365)). Iowa Iowa Admin. 39%The portion of dividends paid by your fund that is derived from U. In this example, $29. S. 71%. The My Best Now tab shows you which fund has the highest after-tax yield right now for the tax rates you entered. Today I am excited to announce the first significant improvements to Wealthfront’s investment service since I joined the company as chief investment officer. 8787. (. Foreign country or U. 13. By waiting until around February 15th, we ensure that the most recent investment information is captured in your. 65 Maine 0. In the dropdown, select your state and enter an amount. This strategy takes a quality-oriented approach to tax-exempt investing, with a focus on investment-grade securities. Box 12 of the Form 1099-DIV shows your tax-exempt income. 00 Texas 11. Important information to guide you and your clients through tax season. Fund would calculate the portion of ordinary dividends that may be exempt from state income or investment tax. State Exempt Interest- If the interest is exempt from state taxes, include the exempt interest amount and the state code. , taxable or nontaxable) or holding period. It seems clear, however, that qualified dividends are indeed a subset of ordinary dividends (“Qualified dividends are the ordinary dividends that are subject to the same 5% or 15% maximum tax rate that applies to net capital gains” (IRS Publication 550 (for 2004 Returns), p. Nuveen would be the source for info on what states make up their fund. g. You’ll have to divide your trades into those you held for one year or less, known as short-term trades, and those held longer. 2019 / This material is provided for educational purposes only and does not constitute investment advice. After importing your data, you may be prompted by TurboTax to “Tell Us More About Your Exempt Dividends. Dividends. Tax-sensitive rebalancing with dividends ; Tax-loss harvesting; Direct indexing (for accounts of $100,000 or more) Tax-minimized brokerage transfers; Tax-minimized withdrawals ; At Wealthfront, we’re focused on maximizing your after-tax returns: we believe that’s a big part of what sets us apart from other robo-advisors. Husband will pay tax on the $100 stock dividend because the dividend is paid on the XYZ shares (substituted property for the. interest dividends that may be exempt from state income tax. r701-40. California, Connecticut, and New York exempt dividend income only when a mutual fund has met a. Form 1099-DIV, box 12, shows exempt-interest dividends subject to the. A percentage of the income is exempt from state income tax. Rowe Price tax-free fund investments. Note: At. This is what the 1099 DIV looks like for this hypothetical investment couple. 6A reports any taxable dividends and/or gross proceeds from realized capital gains or losses in your taxable investment account. All Wealthfront taxable accounts are eligible for daily tax-loss harvesting. S. 20; see also, 33A Am Jur2d, Federal Taxation (2005) par. 00% 0. S. 15% 1. This notice is provided to you for informational purposes only and should not be considered tax advice. That line reads, "Income (interest dividends or gains) received while a. ) Box 13: Specified Private Activity Bond Interest Dividends If you are subject to the alternative minimum tax (AMT),During 2022, I invested in SGOV, an ETF which holds 0-3 month Treasuries. A simple tax return is one that's filed using IRS Form 1040 only, without having to attach any forms or schedules. Here's a direct shot to the XLS file for 2017. Fidelity reports to the IRS and applicable shareholders on Form 1099-DIV exempt-interest dividends distributed from mutual funds. • Box 13 Specified private activity bond interest dividends • Box 14 State • Box 15 State identification no. Single State Municipal Funds The information below summarizes the percentage of exempt inte rest income received by various BlackRock Closed-End Funds on a s tate-by-For the Vanguard Federal Money Market Fund, this percentage was 37. There are links to most-recent-year tax info XLS and XLSX files at the SPDR page for all of their ETFs, found under the "Related Documents" tab at each ETFs' product page. If any holder (individual, fund or otherwise) purchases such a qualified municipal obligation on the sec ondary market at a discount to Here are eight ways you can get ready for Tax Day, whether you’re working with an accountant or using tax preparation software like TurboTax. On the following pages, you will notice funds marked with an asterisk (*). com. It’s also the deadline to contribute to an Individual Retirement Account (IRA) for 2020 if you haven’t already maxed yours out. There are, however, certain requirements that. for 2017, anyway. Losses are recognized, but the overall asset class distribution. S. S. Currently closer to 75% (3/2023). 80% Colorado 1. 21% 1. only the portion of fund income dividends earned from the shareholder’s state of residence (and from U. interest on the next screen. CONTINUED-2-National Limited National High Yield AMT-Free Maturity Municipal State / Municipal Municipal Municipal Municipal Opportunities Territory Income Fund Income Fund Income Fund Income Fund Fund New Jersey 5. The cash balance in the Cash Account is swept to one or more banks (the “program banks”) where it earns a variable rate of interest and is eligible for FDIC insurance. 16 . The utilization of losses harvested through the strategy will depend upon the recognition of capital gains in the same or a future tax period, and in addition may be subject to limitations under applicable tax laws, e. 12 . Other distributions and charges 17 . 4% state), applicable to. We recommend you consult your tax advisor for assistance with how this information will impact your specific tax situation. In accordance with IRS requirements, your tax-exempt income will be reported to you on Form 1099-DIV. So it looks like you earned dividend income from that vanguard tax exempt municipal bond fund. Hi, I decided to try FreeTaxUSA this year and this question has me stumped. This is the date by which you must either file your taxes or Form 4686 to get a tax extension. You can view our 529 fee details here. In the Dividends and Distributions section of your Form 1099, you may have a values in boxes 7 & 8: “Foreign tax paid” and the corresponding “Foreign country or US. Individual taxpayers can exclude 100% of their federally tax-exempt income dividends related to fund shares acquired prior to January 1, 2012. You can apply your harvested short-term losses to offset short-term gains; reduce your taxable ordinary income by up to $3,000 per year; carry forward your tax loss to future tax years; or offset long. 30% = $93. The Bloomberg Municipal Managed Money 1-25 Years Index is designed to track the U. 00% Arkansas 0. 48% SEC yield is a pre-tax post-fee calculation so it does not include any potential tax benefits. 75% = $87. You’d multiply those percentages by your total dividends from the fund to calculate dollar amounts from each state. California, Connecticut, and New Yorkvidendexempt di income only when a fund has mte a certain. alternative minimum tax. Federally tax-exempt income dividends Calculate how much of a fund’s federally tax-exempt income dividends can be excluded from your state taxable income. FDIC insurance is not provided until the funds arrive at the program banks. • 4 yr. Municipal bonds are issued by state and local governments, not the US government. We buy and sell funds, rebalance your portfolio, and. 7% etc. Wealthfront uses more than one program bank to ensure FDIC coverage of up to $2 million for your cash deposits. Reviewed in: Oct. All Wealthfront clients with Automated Investing Account balances between $100,000 and $475,000 can choose to use Wealthfront’s US Direct Indexing service, which seeks to enhance clients’ after-tax returns (clients with taxable accounts. Government interest portion of a fund dividend income is exempt from state and local income taxes. Tax-exempt interest dividends by state 1. territories and possessions can be excluded. S. If you follow the KISS approach, VUSXX is currently the best option out there. So it looks like you earned dividend income from that vanguard tax exempt municipal bond fund. Find information to assist you in meeting state and federal tax reporting requirements for your T. Although state tax laws differ, many states do not tax interest on the bonds they issue or on interest from municipal bonds issued within the same state. The prospectus should be read carefully before investing. Noncash liquidation distributions $ 11 . The breakdown would be 2% from your state and 98% from More Than One State. There's no way to turn this off, unfortunately. Interest-dividend may also be. While still exempt from Federal Income Tax, such amounts will be reported to the Internal Revenue Service. Federal Income Tax Withheld- Box 4 shows backup withholding. Expense ratio (0. If you are: In the 10% or 12% tax bracket, your qualified dividends are taxed at 0%, In the 22%, 24%, 32%, or 35% tax bracket, your qualified dividends are taxed at 15%, and. ETFs are preferable to index funds from a tax standpoint. 800. However, the dividends from the treasury fund (VUSXX) is tax exempt at the state level, and the dividends from my municipal funds (VCADX) is tax exempt at levels of federal and state. 18% 1. Line 133 is for TFI. We assume a combined ordinary income tax rate of 30. Employees that want to claim exempt from Minnesota income tax must use the following form: Form W-4MN, Minnesota Withholding Allowance/Exemption Certificate. 39. Most managers charge you 4x more, around 1%. Federal Income Tax Withheld- Box 4 shows backup withholding. Individual taxpayers can exclude 100% of their federally tax-exempt income dividends related to fund shares acquired prior to January 1, 2012. PDF 2021 Foreign tax credit worksheet for eligible Vanguard funds. Malkiel • March 05, 2013. It also lists any portion of those payments that is classified as specified private activity bond interest. Dividends are assumed to be “qualified. territorial obligations) may be exempt from state income tax. We periodically. However, they may also pay them as stock of another corporation or as any other property. use Copy 1 to provide information to the state tax department. 78% Alaska 0. TurboTax Live Basic Full Service. MAGI Statutory Threshold. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling toll free 877-910-4232. 28% (MA 1. The Calif rule (currently) is that the fund's asset value must be at least 50% of US government obligations or none of it is excludable. 49%, or 5. interest dividends that may be exempt from state income tax. This tax-optimization strategy is carried out when one ETF is trading at a. Vote. The effectiveness of the tax-loss harvesting strategy to reduce the tax liability of the client will depend on the client’s entire tax and investment profile, including purchases and dispositions in a client’s (or client’s spouse’s) accounts outside of Wealthfront and type of investments (e. Prior to 2003, taxable dividend income was subject to federal tax at the same rates as ordinary income. I receive dividends from mutual funds that invest in Treasuries and TIPS that should be partially tax free in my state (IL). Exempt-interest dividends and. In addition, the amount listed as "Exempt interest" in Box 11 of Form 1099-DIV would not be from U. municipal bonds that pay federal tax-exempt dividends. The federal government, in turn, exempts from federal tax in-terest from state and municipal bonds. You can find tax-exempt interest and dividends information in your 1099 form, on the page that says “Mutual Fund and UIT Supplemental Information. S. Further, other states, such as Wisconsin, limit the tax exemption on federally Exempt Interest Dividends to certain specified home state bonds. 28% New Mexico 0. Multiple states. For example if you had $100 in exempt-interest dividends and your sheet says 10% exempt in your state, enter $10 (10% x $100). 4% state), applicable to Wealthfront’s median client weighted by assets. In most states, fund dividends from interest on direct U. From a tax perspective, 2015 was an unprecedented year of tax savings for Wealthfront clients who took advantage of our Daily Tax-Loss Harvesting and Stock-level Tax-Loss Harvesting services. My Edward Jones tax statements, which lists $378 in tax exempt dividends, doesn't specify which state the $378 of exempt-interest dividends are from. For example if you had $100 total tax-exempt income, $2 would be allocated to your state and $98 to More Than One State for a total of $100. $1,000 X 8. 12 . S. S. They will typically tell you in percentages, like California 12. The rate will be 4% for 2023, 3% for 2024. Advisory fee: 0. securities in order for any dividend income derived from these obligations to be exempt from state income tax. Theoretically according to Dividend Irrelevance Theory, selling and rebuying stock around Ex-Dividend should work on average and in the long run, but it is best that you. Box 12: Exempt-Interest Dividends Represents the amount of tax-exempt dividends paid to you by a mutual fund during the calendar year. For 2019, the long-term capital gains tax rates are 0%, 15%, and 20% for most taxpayers. g. Dividends are distributions of property a corporation may pay you if you own stock in that corporation. We indicate in Column 3 below whether any of. 09%. We would like to show you a description here but the site won’t allow us. It also lists any portion of those payments that is classified as specified private activity bond interest. For example, some states only exempt dividends for those funds holding a minimum percentage, usually 50%, of governmentTo determine the portion of dividends that may be exempt from state income tax or investment tax, multiply the 'Total Ordinary Dividends' amount for each applicable fund reported in Box 1a of Form 1099-DIV by the percentage listed in the table. REMIC additional information 17 . S. This paper describes the methodology. g. The standard rules apply to these four tax brackets. Updated. Box 13 is used to report exempt-interest dividends subject to the alternative minimum tax. 4. Exempt-interest dividends are often associated with mutual funds that invest in municipal bonds. g. However, there are some states (NY, CT, and CA) that have an “asset test” which requires 50% of the fund’s assets to be U. From a tax perspective, 2015 was an unprecedented year of tax savings for Wealthfront clients who took advantage of our Daily Tax-Loss Harvesting and Stock-level Tax-Loss Harvesting services. 97% High Yield Municipal 13. Maybe in the future they'll add recurring withdrawals. S. 57% versus 3. This amount is included in box 11. These funds did not meet the. Here are the after tax rates for the Treasury MM funds mentioned above. FreeTaxUSA and Wealthfront: State Tax-Exempt Dividends. To determine this amount for each of your funds, multiply the "% of dividends from U. government securities" (shown below in Column 1) by the amount for that fund in Box 1a of your Form 1099-DIV. 50 Mississippi 0. S. 25%) This is our annual fee for managing your account. 1-322 C provides a subtraction, to the extent included in federal adjusted gross income, for: 1. If any federal tax was withheld in box 4, enter this amount here. When you explore qualified vs. Vanguard Tax-Exempt Bond Index Fund Admiral Shares (ticker: VTEAX) 0. You also won't pay state taxes on income from dividends or interest in South Dakota. If you received a Form 1099‑DIV, your tax‑exempt dividends will appear in Box on the form and the. 66%. Not only will we handle all the trades for you, but we’ll automatically reinvest your dividends, rebalance your portfolio, and look for regular Tax-Loss Harvesting opportunities, whenever possible. In this example, it shows that the national tax-exempt fund has the highest after-tax yield, although not by much over the Treasury money market fund (3. Once it is passed through another entity like a mutual fund, it is only exempt from state tax if the state deems it exempt. Territories (from table) Portion of Interest Dividends that may be Exempt from State Income Taxes October $1,000 x 1. Territories and U. S. The effectiveness of the Tax-Loss Harvesting strategy to reduce the tax liability of the client will depend on the client’s entire tax and investment profile, including purchases and dispositions in a client’s (or client’s spouse’s) accounts outside of Wealthfront Advisers and type of investments (e. The information contained herein is based on current tax laws, which may change in the future. 55% Arizona 0. We would like to show you a description here but the site won’t allow us. CONTINUED-2-National Limited National High Yield AMT-Free Maturity Municipal State / Municipal Municipal Municipal Municipal Opportunities Territory Income Fund Income Fund Income Fund Income Fund Fund New Jersey 3. Rowe Price Tax-Free Fund investments. 14 Nevada 1. g. These tax levels also apply to all income generated by estates. TurboTax Live Basic Full Service. At a current 6. possession. 42%. 25% annual management fee for the Automated Bond Portfolio, just like with our Automated Investing Account. 06-0. Highlight April 18, 2022 on your calendar before you do anything else. But vanguard just lumps this some in the dividends section on my 1099DIV, and so when i login into turbo and then login to vanguard to auto import my tax. 05)1/12-1) = . AB Tax Forms 1099-DIV For investors who received dividends and/or capital gain distributions in 2022, Form 1099-DIV will reflect the following: Box 1a Total ordinary dividendsFederally Tax Exempt Interest And Dividend Income From Other States. 54% Limited Term Tax-Exempt 2. Utah-specific taxation of municipal bond interest View the percentage of federal tax-exempt interest income that's subject to individual income tax in Utah for each Vanguard fund that invests in municipal. It is tedious. PDFTAX-EXEMPT INTEREST DIVIDENDS BY STATE FOR 2022 Generally, interest income from coupon or "original issue discount" on a qualified municipal obligation is tax-free for federal income tax purposes. Dividends and qualified dividend distributions details 17 . 16 . 88 Alaska 0. government securities . In a taxable account, the "excess reportable income" amounts you need for a tax return are in USD. Any dividends from a nonprofit organization or other tax-exempt corporation; Dividends paid by a corporation on securities that an employee holds in an employee stock ownership plan maintained by. You can find tax-exempt interest and dividends information in your 1099 form, on the page that says “Mutual Fund and UIT Supplemental. 550 for more information about OID, bond premium, and acquisition premium. mutual fund or other RIC paid to you during the. 800. The effectiveness of the Tax-Loss Harvesting strategy to reduce the tax liability of the client will depend on the client’s entire tax and investment profile, including purchases and dispositions in a client’s (or client’s spouse’s) accounts outside of Wealthfront Advisers and type of investments (e. We suggest that you consult your tax advisor, who is most familiar with your circumstances and the laws of the state. For background, the vanguard municipal fund consists of bonds from states across the nation. For example, we can estimate that the interest payment on a $30,000 balance, earning 5% APY, during a 30-day month would be about $120 by inputting: ( (1+. To provide perspective, the average Wealthfront Tax-Loss Harvesting client, for example, has a combined marginal state and federal long-term tax rate of 24. Above those thresholds, up to 85% of your benefits could be taxed. 57. 25%. Your tax documents can be found on the Documents page, which is accessed from the top menu of your account. 5K subscribers in the wealthfront community. Get the benefits of bonds (like earning dividends and tax advantages) without the balancing act of managing locked-in rates or maturity dates. In Box 14, enter the state abbreviation, in Box 15 enter the payer’s state ID. When you invest elsewhere, you can typically expect a bunch of fees: commissions, transfer fees, maintenance fees, inventory markups, PFOFs… the list goes on. Municipal bonds, which are bonds issued by state and local governments, are typically exempt from federal income tax. Cash liquidation distributions $ 10 . In the dropdown, select your state and enter an amount. To indicate a breakdown of the interest from line 11 for state purposes, use the fields available at the bottom of the DIV screen. For Hawaii purposes, U. If such corporate funds are tax-exempt, the dividends paid derived from such funds are, nevertheless, taxable to the shareholders. State tax laws change over time. For individual, joint, and trust Automated and Stock Investing Accounts, you will receive a Consolidated Form 1099 including details of dividends paid (Form 1099. In addition, some states have. 00 . This is as opposed to standard dividend payments, which can be taxed as either ordinary income or capital gains. XYZ corporation pays dividends of $500. State municipal funds that have interest income derived only from in-state obligations. I always keep hoping they will fix that. 48% New Mexico 0. TurboTax Live Full Service Business Taxes. $2,901 – $10,550: 24%. Qualified Dividend: A qualified dividend is a type of dividend to which capital gains tax rates are applied. TurboTax online guarantees. Invest in stocks, mutual funds, and EFTs within a Roth IRA or Roth 401(k). Federally tax-exempt income dividends. g. The Gabelli fund is an oddball with high duration/life vs. Miscellaneous information details 17 . TurboTax Live en español. TurboTax Live Full Service Business Taxes. If you have questions about any of the forms you've received from Invesco, please contact an Invesco representative at (800) 341-2929 Monday through Friday, 7:30 a.