[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-301714-105":53,"doc-detail-301714-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","brown-advisory-funds-2025-tax-form-supplemental-information-state-and-foreign-income-guidance","Brown Advisory Funds 2025 Tax Form Supplemental Information - State and Foreign Income Guidance","","Brown Advisory Funds provides enclosed 2025 tax form information for applicable distributions and redemption proceeds, along with supplemental guidance for preparing 2025 U.S. income tax returns. It explains how ordinary income dividends reported in Box 1 may include amounts attributable to U.S. government obligations, foreign source income, and income subject to the Alternative Minimum Tax. It also includes state-by-state percentage information for interest income sources, notes state eligibility and pass-through limitations, and directs account holders to consult tax advisers and use year-end statements for non-taxable portions.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/brown-advisory-funds-2025-tax-form-supplemental-information-state-and-foreign-income-guidance/301714/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/brown-advisory-funds-2025-tax-form-supplemental-information-state-and-foreign-income-guidance/301714.png","ImageObject",442,249,{"name":88,"@type":89},"Stanley","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-25","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":73},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What information does the enclosed 2025 tax form for Brown Advisory Funds include?","Question",{"text":108,"@type":109},"It provides information on applicable 2025 distributions and proceeds from redemptions, using details reported in the tax form, including ordinary income dividends in Box 1.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How does income from U.S. Government Obligations affect state tax reporting?",{"text":113,"@type":109},"Some states allow a portion of Box 1 ordinary income dividends to be declared as tax-exempt income, but pass-through may depend on thresholds or other state requirements.",{"name":115,"@type":106,"acceptedAnswer":116},"What is the Alternative Minimum Tax (AMT) guidance included in the document?",{"text":117,"@type":109},"It summarizes the percentage of total ordinary income dividends attributable to income earned from securities subject to AMT and advises consulting a tax adviser regarding the applicable percentage.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},301714,1790294832,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":76,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":76,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":9},2336477405376,"https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0","Brown Advisory Funds  \nEnclosed is the 2025 Tax Form for your account with the Brown Advisory Funds. The Form provides information on any applicable 2025 distributions and proceeds from redemptions. Please note that all information contained in this Statement has been provided to the Internal Revenue Service. In addition to the tax information provided on your enclosed Tax Form, below is supplemental information to assist you with the preparation of your 2025 income tax returns. Please consult your tax advisor for the specific application of any items below relating to the preparation of your tax returns.  \nIncome from U.S. Government Obligations  \nSome states do not tax their residents on income from a mutual fund that is earned from U. S. Government Obligations. The following table shows the percentage of total ordinary income dividends shown in Box 1 of your 2025 Tax Form that were attributable to interest earned from direct U.S. Government Obligations:  \n% of Ordinary Income Attributable to  \nDirect U.S. Govt.  \nFund Name  Obligation (see Box 1)  \n\n| Brown Advisory Beutel Goodman Large-Cap Value Fund | 0.00% |\n| --- | --- |\n| Brown Advisory Emerging Markets Select Fund | 0.00% |\n| Brown Advisory Flexible Equity Fund | 0.00% |\n| Brown Advisory Global Leaders Fund | 0.00% |\n| Brown Advisory Growth Equity Fund | 0.00% |\n| Brown Advisory Intermediate Income Fund | 23.92% |\n| Brown Advisory Maryland Bond Fund | 0.00% |\n| Brown Advisory Mid-Cap Growth Fund | 0.00% |\n| Brown Advisory Mortgage Securities Fund | 0.00% |\n| Brown Advisory Small-Cap Fundamental Value Fund | 0.00% |\n| Brown Advisory Small-Cap Growth Fund | 0.00% |\n| Brown Advisory Sustainable Bond Fund | 19.26% |\n| Brown Advisory Sustainable Growth Fund | 0.00% |\n| Brown Advisory Sustainable International Leaders Fund | 0.00% |\n| Brown Advisory Sustainable Small-Cap Core Fund | 0.00% |\n| Brown Advisory Sustainable Value Fund | 0.00% |\n| Brown Advisory Tax-Exempt Bond Fund | 0.00% |\n| Brown Advisory Tax-Exempt Sustainable Bond Fund | 0.00% |\n| Brown Advisory–WMC Japan Equity Fund | 0.00% |\n| Brown Advisory–WMC Strategic European Equity Fund | 0.00% |\n\nDepending on your state’s personal income tax laws, you may be entitled to declare the above portion of your 2025 ordinary income dividends (Box 1) as tax-exempt income on your state  \npersonal income tax return. However, some states do not allow the “pass through” of this exempt-interest income unless the percentage earned from U.S. Government Obligations exceeds certain thresholds or unless other requirements are met. Please consult your tax adviser or state authorities if you have any questions regarding the percentage of income you can exclude when calculating your state income tax.  \nIncome from Foreign Sources:  \n1) For the year ended December 31, 2025, the following Brown Advisory Funds earned foreign source income. The amount of foreign source income can be calculated as a percentage of your ordinary dividend shown in Box 1 of your 2025 Tax Form. Please see the information below for your foreign source gross income amount.  \nForeign Source Gross Income (Use % listed below and apply to  \nFund Name  \nBrown Advisory Emerging Market Select Fund  \nBrown Advisory – WMC Strategic European Equity Fund Brown Advisory – WMC Japan Equity Fund  \nBrown Advisory Sustainable International Leaders Fund  \nOrdinary Income as Box 1 to compute)  \n98.22%  \n100.00%  \n98.69%  \n98.92%  \nshown in  \nIncome subject to the Alternative Minimum Tax  \nSome of the income received from a mutual fund may be exempt from federal income tax, but subject to the Alternative Minimum Tax. The following table shows the percentage of total ordinary income dividends that was attributable to income earned from securities subject to the Alternative Minimum Tax:  \n% of Income Attributable to Securities Subject  \nFund Name to the AMT  \nBrown Advisory Maryland Bond Fund 9.74 %  \nBrown Advisory Tax-Exempt Bond Fund 13.49 %  \nBrown Advisory Tax-Exempt Sustainable B","cbCaiqw5AfhUNPNI","https://ap.wps.com/l/cbCaiqw5AfhUNPNI","pdf",126260,"English","# Income from U.S. Government Obligations\n## Foreign Source Income\n# Income subject to the Alternative Minimum Tax\n# Important Tax Information By State or U.S. Territory","[{\"question\":\"What information does the enclosed 2025 tax form for Brown Advisory Funds include?\",\"answer\":\"It provides information on applicable 2025 distributions and proceeds from redemptions, using details reported in the tax form, including ordinary income dividends in Box 1.\"},{\"question\":\"How does income from U.S. Government Obligations affect state tax reporting?\",\"answer\":\"Some states allow a portion of Box 1 ordinary income dividends to be declared as tax-exempt income, but pass-through may depend on thresholds or other state requirements.\"},{\"question\":\"What is the Alternative Minimum Tax (AMT) guidance included in the document?\",\"answer\":\"It summarizes the percentage of total ordinary income dividends attributable to income earned from securities subject to AMT and advises consulting a tax adviser regarding the applicable percentage.\"}]","Brown Advisory Funds 2025 Tax Form Supplemental Information - State and Foreign Income Guidance | PDF",1789784953]