2009 Tax Statement Federated Minnesota Municipal Cash Trust Cash Series Shares
CUSIP: 60934N484
Fund Number(s): 71
Federal Regular Income Tax Information
All dividends are exempt from federal regular income tax. Due to the provisions of the Tax Increase Prevention and Reconciliation Act of 2005, these dividends are now required to be reported to you and the Internal Revenue Service on Form 1099-INT. The fund also paid a taxable Long-Term Capital Gain dividend which will be separately reported to you and the Internal Revenue Service on Form 1099-DIV.
Federal Alternative Minimum Tax Information
A portion of the fund's income results from investments in private activity municipal bonds (as described in the prospectus). While these bonds generally offer higher yields than traditional municipal bonds, the income they generate will be a preference item for purposes of calculating the Alternative Minimum Tax (AMT). Fund holdings of AMT securities will vary throughout the year. The amount reported in Box 9 of your Form 1099-INT was calculated using the average AMT percentage for the year. The table below lists the actual percentage of the each distribution paid by the fund which relates to AMT. Please note that the Alternative Minimum Tax percentage does not apply to Short-Term or Long-Term Capital Gain distributions. Your tax advisor can provide you with more information about this tax and your reporting of the fund distributions.
Distribution Date
Monthly AMT %
01/31/2009
54.62
02/28/2009
49.15
03/31/2009
51.58
04/30/2009
48.98
05/31/2009
43.66
06/30/2009
41.31
07/31/2009
39.70
08/31/2009
41.04
09/30/2009
45.77
10/31/2009
46.37
11/30/2009
46.03
12/21/2009
N/A
12/31/2009
47.33
State Tax Information
California Residents: Any distributions earned on bonds issued by a state other than California are reported to the California Franchise Tax Board, pursuant to California Revenue and Taxation Code Section 18639.
Percentage of Income Earned by State
The fund earned 100.00% of its income from municipal bonds in Minnesota.
In addition, dividends are tax-exempt if 95% or more of the fund's income is earned from Minnesota obligations. If it is, only the portion of income derived from non-Minnesota obligations is taxable. Based on this requirement, 100% of your dividends is exempt from state income tax.
