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Personal Finance (Not Investing) • Re: Fidelity as a one stop shop

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1. Why does Fidelity does not simply report the % of Income from U.S. Government Obligations for Fidelity mutual funds (like FDLXX) on the 1099, and make you find the supplemental information via another PDF on its website?
"% of Income from U.S. Government Obligations" is not sufficient information to determine what percentage of a fund's distributions is not state taxable in all situations. Even a fund that had 100% of its distributions from US Government Obligations could be fully state taxable in CA, NY, and CT, for example.

Statistics: Posted by Lyrrad — Thu Oct 17, 2024 1:33 am



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