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Planning: Tools & Service
> Tax Information > State Tax Information for Federal Tax-Exempt Dividends
State Tax Information for Federal Tax-Exempt Dividends

For the most part, all of the distributions you received from the Tax-Free Instruments Trust are taxable at the state level. However, some states do not tax their own residents on interest attributed to municipal securities issue by that state. You may be able to exclude the appropriate percentage from the chart below of the tax-exempt income you received from the Fund when calculating your state income tax. Please consult with your tax advisor or state tax agency for more information about your specific state’s requirements.

 

State

Tax-Free Instruments Trust

State

Tax-Free Instruments Trust

Alabama

1.10%

Nebraska

0.44%

Alaska

1.50%

Nevada

0.06%

Arizona

1.76%

New Hampshire

0.35%

Arkansas

0.00%

New Jersey

8.03%

California*

2.41%

New Mexico

0.79%

Colorado

1.41%

New York

1.20%

Connecticut

0.78%

North Carolina

4.97%

Delaware

0.06%

North Dakota

0.00%

Dist. of Col.

2.32%

Ohio

4.60%

Florida

1.87%

Oklahoma

0.08%

Georgia

1.71%

Oregon

0.47%

Hawaii

1.12%

Pennsylvania

1.04%

Idaho

0.00%

Puerto Rico

0.03%

Illinois

3.96%

Rhode Island

0.11%

Indiana

3.56%

South Carolina

2.11%

Iowa

0.45%

South Dakota

0.05%

Kansas

0.37%

Tennessee

1.53%

Kentucky

1.60%

Texas

13.99%

Louisiana

1.75%

Utah

1.87%

Maine

0.26%

Vermont

0.00%

Maryland

0.62%

Virginia

0.52%

Massachusetts

10.46%

Virgin Islands

0.00%

Michigan

1.69%

Washington

2.36%

Minnesota**

1.95%

West Virginia

0.90%

Mississippi

0.51%

Wisconsin

1.13%

Missouri

1.40%

Wyoming

0.00%

Montana

0.00%

Other

8.75%

* For residents of California, notification will be included that their dividend income and percentage earned on California municipal securities will be reported to the California Franchise Tax Board.

** For residents of Minnesota, 100% of the exempt dividends from the Fund are subject to Minnesota Income Tax.

The information provided is not intended to replace qualified tax advice. Neither Thrivent Investment Management Inc. nor its representatives provide tax advice. For complete details, consult your tax advisor.

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Thrivent Financial for Lutherans, Appleton, WI 54919-0001, is authorized to conduct business in all 50 states and the District of Columbia. NAIC # 2938-56014. Products issued by Thrivent Financial for Lutherans are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Not all products described are available in all states. Thrivent Financial representatives are licensed insurance agents. Insurance and retirement products, where available, are individual contracts, (not group coverage), and issued by Thrivent Financial for Lutherans. Investment products are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415-1665, a wholly owned subsidiary of Thrivent Financial for Lutherans. Member FINRA. Member SIPC. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc.

Bank products and trust services are offered through Thrivent Financial Bank, 2000 E. Milestone Dr., Appleton, WI 54919-0006 (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, investment products, securities, trust, and investment management services and accounts are not deposits, are not FDIC insured, are not insured by any federal government agency, and are not guaranteed by Thrivent Financial Bank. Variable insurance contracts, investment products, trust, and investment management accounts may go down in value.

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This document was last updated on Tuesday, January 22, 2008 at 1:16 PM