Get Answers

Return to income

Exempt-Interest or Tax-Exempt Dividends

Tax-exempt interest from a mutual fund produces exempt-interest dividends when paid to the stock-holder. These dividends aren't taxable, so you should report them on your return if you're required to file.

Dividends that are exempt from interest might be subject to Alternative Minimum Tax (AMT). Your mutual-fund company should report this on the tax statement it sends you. If it isn't reported, contact the mutual fund administrator to find out if the amount is subject to AMT.

Ready to file?

You've got your forms. And we've got your back. There's only one thing left to do. Let's do this.

Calculators

So how much will you get (or owe) this year? That’s the million-dollar question. We happen to have three very useful calculators to help you estimate your refund or balance due.

Need Live Support? 1-800-HRBLOCK (1-800-472-5625) or Find An Office