Category: Tax Information

2020 Capital Gains and Other Income Distributions

In 2020, capital gains distributions will be made in five of our funds: (i) the Kentucky Tax-Free Income Series, (ii) the Mississippi Tax-Free Income Series, (iii) the North Carolina Tax-Free Short-to-Medium Series, (iv) the Tennessee Tax-Free Income Series, and (v) the Taxable Municipal Bond Series. For additional information on 2020 capital gains and other income distributions, please see Dupree’s 2020 Daily Dividend Factor Information Page.

If you need assistance or have any questions, please call Dupree Mutual Funds at 1-800-866-0614, Monday through Friday between 9:00 A.M. and 5:00 P.M, Eastern Time.

Important Tax Information

Corrected 2018 Forms 1099-DIV were mailed to shareholders on February 4, 2019.  The original 2018 Forms 1099-DIV mailed to shareholders erroneously reported exempt-interest dividends in Box 10, instead of Box 11.  On the corrected 2018 Form 1099-DIV, exempt-interest dividends are now properly reported in Box 11.  Please note that the dollar amount of exempt-interest dividends has not changed—just the box number in which the amount is reported.  Likewise, if you previously received a combined 2018 Form 1099 (Form-DIV and Form-B), please note that no corrections were made to the 2018 Form 1099-B. We apologize for any confusion. Please feel free to contact us at 800-866-0614 if you have any questions or concerns.