TAX RESOURCE CENTER
For state income tax purposes, several states allow “pass-through” treatment of mutual fund dividends derived from interest on U.S. government obligations. To calculate the number of dividends qualifying for pass-through treatment, multiply the amount in Box 1a of your Form 1099-DIV by the percentages that apply to your state.
The types of government securities that qualify for such treatment vary by state. Please consult with a tax professional to determine which, if any, of the obligations listed in the following table may be exempt from your state income tax.
We recommend for you to consult with a legal and/or tax professional for specific information regarding your individual situation. Thrivent Mutual Funds and their representatives cannot provide legal or tax advice.
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 1.84% |
U.S. Government Agencies Total | 4.78% |
Federal Agricultural Mortgage Corporation |
0.16% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.46% |
Federal Home Loan Bank |
2.47% |
Federal Home Loan Mortgage Corporation |
0.41% |
Federal National Mortgage Association |
1.14% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.00% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.14% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 4.90% |
U.S. Government Agencies Total | 14.61% |
Federal Agricultural Mortgage Corporation |
0.10% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.29% |
Federal Home Loan Bank |
1.33% |
Federal Home Loan Mortgage Corporation |
2.66% |
Federal National Mortgage Association |
10.13% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.01% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.09% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 6.04% |
U.S. Government Agencies Total | 20.02% |
Federal Agricultural Mortgage Corporation |
0.03% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.10% |
Federal Home Loan Bank |
0.61% |
Federal Home Loan Mortgage Corporation |
4.53% |
Federal National Mortgage Association |
14.66% |
Government National Mortgage Association |
0.04% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.02% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.03% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 6.11% |
U.S. Government Agencies Total | 9.25% |
Federal Agricultural Mortgage Corporation |
0.07% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.05% |
Federal Home Loan Bank |
7.81% |
Federal Home Loan Mortgage Corporation |
0.64% |
Federal National Mortgage Association |
0.68% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.00% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.00% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 31.31% |
U.S. Government Agencies Total | 41.78% |
Federal Agricultural Mortgage Corporation |
1.30% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.89% |
Federal Home Loan Bank |
3.61% |
Federal Home Loan Mortgage Corporation |
11.81% |
Federal National Mortgage Association |
23.11% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.06% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.90% |
U.S. International Development Finance Corporation |
0.10% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 4.69% |
U.S. Government Agencies Total | 1.67% |
Federal Agricultural Mortgage Corporation |
0.01% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.04% |
Federal Home Loan Bank |
0.15% |
Federal Home Loan Mortgage Corporation |
1.46% |
Federal National Mortgage Association |
0.00% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.00% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.01% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 6.82% |
U.S. Government Agencies Total | 1.85% |
Federal Agricultural Mortgage Corporation |
0.04% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.01% |
Federal Home Loan Bank |
1.16% |
Federal Home Loan Mortgage Corporation |
0.33% |
Federal National Mortgage Association |
0.31% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.00% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.00% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 5.10% |
U.S. Government Agencies Total | 7.19% |
Federal Agricultural Mortgage Corporation |
0.15% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.42% |
Federal Home Loan Bank |
1.70% |
Federal Home Loan Mortgage Corporation |
1.35% |
Federal National Mortgage Association |
3.44% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.00% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.13% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 2.57% |
U.S. Government Agencies Total | 5.07% |
Federal Agricultural Mortgage Corporation |
0.17% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.47% |
Federal Home Loan Bank |
1.89% |
Federal Home Loan Mortgage Corporation |
0.66% |
Federal National Mortgage Association |
1.73% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.00% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.15% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 10.56% |
U.S. Government Agencies Total | 13.11% |
Federal Agricultural Mortgage Corporation |
0.15% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.42% |
Federal Home Loan Bank |
1.62% |
Federal Home Loan Mortgage Corporation |
2.74% |
Federal National Mortgage Association |
8.04% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.01% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.13% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 33.21% |
U.S. Government Agencies Total | 56.19% |
Federal Agricultural Mortgage Corporation |
1.70% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
12.55% |
Federal Home Loan Bank |
34.15% |
Federal Home Loan Mortgage Corporation |
1.54% |
Federal National Mortgage Association |
0.13% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.00% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
6.12% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 8.95% |
U.S. Government Agencies Total | 9.37% |
Federal Agricultural Mortgage Corporation |
0.00% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.00% |
Federal Home Loan Bank |
0.00% |
Federal Home Loan Mortgage Corporation |
1.05% |
Federal National Mortgage Association |
8.30% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.02% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.00% |
Type of government obligation | Percentage |
---|---|
Type of government obligation | Percentage |
U.S. Treasury Bonds | 3.64% |
U.S. Government Agencies Total | 7.88% |
Federal Agricultural Mortgage Corporation |
0.06% |
Federal Deposit Insurance Corporation |
0.00% |
Federal Farm Credit Bank |
0.18% |
Federal Home Loan Bank |
0.33% |
Federal Home Loan Mortgage Corporation |
1.93% |
Federal National Mortgage Association |
5.29% |
Government National Mortgage Association |
0.00% |
Housing and Urban Development |
0.00% |
Overseas Private Investment Corporation |
0.00% |
Resolution Funding Corporation |
0.00% |
Student Loan Marketing Association |
0.03% |
Small Business Administration |
0.00% |
Small Business Investment Companies |
0.00% |
Tennessee Valley Authority |
0.00% |
U.S. International Development Finance Corporation |
0.06% |
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