Originally Posted by Masquernom
Mutual funds like Wellington and Wellesley hold US treasuries. Apparently, dividends from these holdings are federally tax exempt. But mutual funds are not required to provide clients with the amounts.
Has anyone taken advantage of these deductions? How do you find out the amounts to use?
I assume you are looking for the amount that will not be taxable by the state. Usually the MF will put out extra tax information of income due to government securities. Vanguard has in the past done this and I expect they still do. You'll need to search their sight for that. They also document the amount of muni bonds distributions by state in another document if that is relevant to you.
One of my brokers was late (for my filing) with that info. I looked at last year's data and decided not to wait as the benefit was small.