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Tax Resource Center

State Tax Information For Federal Tax-Exempt Dividends

For the most part, all of the distributions you received from the Thrivent Municipal Bond Fund are taxable at the state level. However, some states do not tax their own residents on interest attributed to municipal securities issued by that state. You may be able to exclude the appropriate percentage— as shown in the chart below—of the tax-exempt income you received from the Fund when calculating your state income tax.

At Thrivent Mutual Funds, we recommend you consult your tax advisor to make sure you’re getting the most out of your investments. Thrivent Mutual Funds and their representatives cannot provide legal or tax advice. Please consult with your tax advisor or state tax agency for more information about your specific state’s requirements.

Thrivent Municipal Bond Fund Information by State for 2016

State % of Dividends and State Specific Information
Alabama 0.23%
Alaska 0.05%
Arizona 0.80%
Arkansas 0.54%
California 12.21%: The information reported on Form 1099-DIV for federal tax-exempt dividends will also be reported to the California Franchise Tax Board.
Colorado 3.36%
Connecticut 0.00%
Delaware 0.00%
District of Columbia 0.91%
Florida 6.48%
Georgia 1.30%
Hawaii 1.55%
Idaho 0.00%
Illinois 7.37%
Indiana 2.62%: 66% of the dividends from the Thrivent Municipal Bond Fund are considered tax-exempt for state tax purposes.
Iowa 0.80%
Kansas 0.28%
Kentucky 1.59%
Louisiana 2.78%
Maine 0.00%
Maryland 0.07%
Massachusetts 3.67%
Michigan 2.10%
Minnesota 3.08%: 100% of your federal tax-exempt dividends from the Thrivent Municipal Bond Fund are subject to Minnesota income tax.
Mississippi 0.31%
Missouri 0.77%
Montana 0.15%
Nebraska 1.41%
Nevada 0.00%

New Hampshire 0.14%
New Jersey 1.14%
New Mexico 0.00%
New York 6.77%
North Carolina 1.86%
North Dakota 0.47%
Ohio 5.59%
Oklahoma 0.84%
Oregon 0.30%
Pennsylvania 4.14%
Puerto Rico 0.00%
Rhode Island 0.00%
South Carolina 2.05%
South Dakota 0.29%
Tennessee 0.62%
Texas 11.44%
Utah 1.43%: 33% of the dividends from the Thrivent Municipal Bond Fund are considered tax-exempt for state tax purposes (using the piggyback method).
Vermont 0.10%
Virginia 2.24%
Virgin Islands 0.00%
Washington 3.74%
West Virginia 0.00%
Wisconsin 1.81%
Wyoming 0.60%
Other 0.00%