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Federally tax-exempt income dividends: State tax exclusion worksheet

What you need:

You will need the appropriate state tax form(s). Please consult your tax advisor or state tax authority.

State exclusion information

To the best of our knowledge, the states and jurisdictions listed in this worksheet allow individual shareholders to exclude from their taxable income a portion of the funds’ income dividends. States in which none of these funds’ income dividends qualifies for an exemption (California, Illinois and Minnesota) are not shown.

Worksheet instructions

  1. From the pull-down menu, select the state or jurisdiction where you file an income tax return.
  2. For each fund and share class you own, enter the tax-exempt income dividend amount reported in Box 10 of your Form 1099-DIV in the corresponding fields below. Once finished, click Continue.

Select your state or jurisdiction:

Fund name Enter your total income dividend
American Funds Short-Term Tax-Exempt Bond Fund®
American Funds Tax-Advantaged Income PortfolioSM
American Funds Tax-Exempt Preservation PortfolioSM
American High-Income Municipal Bond Fund®
Limited Term Tax-Exempt Bond Fund of America®
The Tax-Exempt Bond Fund of America®

Click Continue to see your total state tax exclusion

1 This state does not impose an individual income tax. Factors are provided to help corporations and other entities that may be subject to state taxes.

2 Individual taxpayers can exclude 100% of their federally tax-exempt income dividends.

3 Consistent with Indiana law, these factors include income from obligations from all states acquired prior to January 1, 2012.

4 Consistent with Utah law, these factors include income from obligations of certain other states and obligations from all states acquired prior to January 1, 2003.

To determine your individual tax situation, please consult your tax advisor.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses, summary prospectuses and CollegeAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica is distributed by American Funds Distributors and sold through unaffiliated intermediaries.