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For shareholders in Forward Long/Short Credit Analysis Fund, 38.44% of the distributions received in 2007 are exempt from federal tax and may be exempt from state tax. This tax-exempt amount will be reported to you on Form 1099-INT. 1.74% of the tax-exempt distributions are subject to the federal Alternative Minimum Tax (AMT). The table below indicates the percentage of tax-exempt income derived from each respective state. Please note that tax-exempt income is reported to the IRS.
|
| |
|
State |
|
% of Total |
| Alabama |
|
0.28% |
| Alaska |
|
0.00% |
| Arizona |
|
0.00% |
| Arkansas |
|
0.00% |
| California |
|
19.55% |
| Colorado |
|
3.82% |
| Connecticut |
|
0.00% |
| Delaware |
|
0.00% |
| District of Columbia |
|
0.00% |
| Florida |
|
5.35% |
| Georgia |
|
0.00% |
| Hawaii |
|
0.00% |
| Idaho |
|
0.00% |
| Illinois |
|
3.29% |
| Indiana |
|
0.00% |
| Iowa |
|
0.00% |
| Kansas |
|
0.00% |
| Kentucky |
|
7.31% |
| Louisiana |
|
0.59% |
| Maine |
|
0.00% |
| Maryland |
|
0.00% |
| Massachusetts |
|
0.00% |
| Michigan |
|
0.00% |
| Minnesota |
|
5.63% |
| Mississippi |
|
0.00% |
| Missouri |
|
0.85% |
| Montana |
|
0.00% |
| Nebraska |
|
0.00% |
| Nevada |
|
0.00% |
| New Hampshire |
|
0.00% |
| New Jersey |
|
25.96% |
| New Mexico |
|
0.00% |
| New York |
|
9.14% |
| North Carolina |
|
0.79% |
| North Dakota |
|
0.00% |
| Ohio |
|
3.38% |
| Oklahoma |
|
0.00% |
| Oregon |
|
0.00% |
| Pennsylvania |
|
4.96% |
| Puerto Rico |
|
0.00% |
| Rhode Island |
|
2.23% |
| South Carolina |
|
0.00% |
| South Dakota |
|
0.00% |
| Tennessee |
|
4.61% |
| Texas |
|
1.74% |
| Utah |
|
0.00% |
| Vermont |
|
0.52% |
| Virginia |
|
0.00% |
| Washington |
|
0.00% |
| West Virginia |
|
0.00% |
| Wisconsin |
|
0.00% |
| Wyoming |
|
0.00% |
|
|
|
|
|
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