Originally Posted by tomz
When I get the 1099 for Vanguard funds or money markets, I get a little brochure that shows, by fund, what % of income comes from US Government Obligations with another column that has % of Assets invested in US Gov't Obligations.
Unfortunately, for stuff in a general brokerage account (e.g. SchwabOne), you kinda
have to track down all the US Gov't percentages yourself, by taking a tour of the
various fund company's webpages. It's a good way to find out whose webpage
sucks and whose is good ! Barely worth the trouble, since it's typically a pretty
small percentage for all but bond funds with heavy Treasury exposure, and then
your actual dollar savings is that percentage of your dividends multiplied by your
state's marginal rate. And of course you have to figure out whether or not your
state allows/disallows "indirect" US Gov't obligations. All part of tax-season madness !