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State/Other Tax Issues   |   Massachusetts Resident Tax Information

The following applies to Massachusetts residents invested in Dreyfus mutual funds that distributed long-term capital gains in 2009. If you did not receive a long-term capital gain distribution in 2009, you can disregard this information.

Special Instructions for Shareholders of:

  • Dreyfus State Municipal Bond Funds, Dreyfus Massachusetts Fund

A portion of your Massachusetts state tax-exempt bond fund's 2009 capital gain distribution is attributable to net gain realized on the sale of certain Massachusetts municipal obligations which is exempt from Massachusetts personal income tax. To determine the non-exempt portion of your fund's long-term capital gain distribution to be reported on Massachusetts, Schedule D, Line 5, use the following instructions:

Fund Total Capital Gain Distribution
(from 1099-DIV,
Box 2a)
Exempt % Exempt Portion
(Capital Gain Distribution multiplied by Exempt %)
Non-Exempt Portion
(Capital Gain Distribution less Exempt portion %)
Dreyfus State Municipal Bond Funds, Dreyfus Massachusetts Fund   43.94%    

Consult your tax advisor as to how this information pertains to your personal income tax return. This is important tax information and should be retained. If you have any questions, please call a Dreyfus representative at the phone number listed on Form 1099-DIV.

   
   
 

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