State Tax on SGOV ETF dividend

brian-perrigino — Sun, 22 Feb 2026 20:47:28 GMT

I have dividend income received from the ETF SGOV. I understand that this is considered a non-qualified dividend and is taxed as ordinary income on the Federal level. My question relates to the treatment on my NY state tax return. I *think* this income is exempt from NY state tax, is that correct? If so, do I list the (full?) amount on the section, "Investment income from U.S. government agencies" and on the first line "US government interest - Federal".

Thanks.

Brian

Re: State Tax on SGOV ETF dividend

AmyC — Thu, 26 Feb 2026 17:03:47 GMT

1.Mostly yes.

2. No. You will have to look for the percentage that came from US Government Obligations. It is always a high percentage but not 100%.

Reference: NY State tax instructions

topic State Tax on SGOV ETF dividend in State tax filing

State Tax on SGOV ETF dividend

Re: State Tax on SGOV ETF dividend