State Tax on SGOV ETF dividend

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

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State Tax on SGOV ETF dividend

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

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State Tax on SGOV ETF dividend

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

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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