Applicable state tax withholding - Vanguard

1 Applicable state tax withholdingFor mutual fund-only accounts The information in this table is our application of state requirements as of March 2, 2018. states may change their requirements at any time. Although a state may allow more than one method to calculate state tax withholding , Vanguard uses the method listed : We won t withhold state tax for states not listed in this state withholding required if federal withholding is takenIf federal withholding is taken, can you waive state withholding ? ArkansasSpecified by the state wage tablesYesCaliforniaSpecified by the state wage tablesYesDelawareSpecified by the state wage tablesYesGeorgiaSpecified by the state wage tablesYesConnecticut, Indiana, Louisiana, Maryland, Montana, New Jersey, New Mexico, New York, Utah, and WisconsinAny dollar amount or percentage of your distributionYesIowa2 Specified by the state wage tablesNoKansas2 Specified by the state wage tablesNoMaineSpecified by the state wage of your distribution of your distribution amountYesMississippi5% of your distribution amount3 NoMissouri46% of your distribution amountYesNebraskaSpecified by the state wage tablesNoNorth Carolina4% of your distribution amountYesOklahomaSpecified by the state wage tablesYesOregonSpecified by the state wage tables5 YesVermont6% of your distribution amountYes If you tell us not to withhold federal income tax.

2 We won t withhold any amount for state income tax unless your state specifies a different policy. Follows the cumulative wage withholding method. Mississippi requires state income tax withholding only if you ve taken an early or excess distribution subject to the 10% federal penalty state tax may be withheld regardless of your federal withholding withholding won t apply if the calculated withholding is less than $10. 2018 The Vanguard Group, Inc. All rights reserved. SAWHTC 042018 For mutual funds held in a Vanguard Brokerage AccountThe information in this table is our application of state requirements as of March 2, 2018. states may change their requirements at any time. Although a state may allow more than one method to calculate state tax withholding , Vanguard uses the method listed : We won t withhold state tax for states not listed in this state withholding required if federal withholding is takenIf federal withholding is taken, can you waive state withholding ?

3 *Arkansas3% of your distribution amountYesCalifornia10% of your federal withholding amountYesConnecticutAny dollar amount or percentage of your distribution ( withholding must be at least $10) YesDelaware5% of your distribution amountYesGeorgiaAny dollar amount or percentage of your distributionYesIndiana**Any dollar amount or percentage of your distribution ( withholding must be at least $10)YesIowa5% of your distribution amountNoKansas5% of your distribution amountNoLouisiana**Any dollar amount or percentage of your distributionYesMaine5% of your distribution amountNoMaryland**Any dollar amount or percentage of your distribution ( withholding must be at least $5) of your distribution of your distribution amountYesMississippi**5% of your distribution amountNoMissouri**6% of your distribution amountYesMontana**Any dollar amount or percentage of your distributionYesNebraska5% of your distribution amountNoNew Jersey**Any dollar amount or percentage of your distribution ( withholding must be at least $10)YesNew Mexico**Any dollar amount or percentage of your distribution ( withholding must be at least $10)YesNew York**Any dollar amount or percentage of your distribution ( withholding must be at least $5)YesNorth Carolina4% of your distribution amountYesOklahoma5% of your distribution amountYesOregon8% of your distribution amount ( withholding must be at least $10)

4 YesUtah**Any dollar amount or percentage of your distributionYesVermont24% of your federal withholding amountYesWashington, of your distribution amountYesWisconsin**Any dollar amount or percentage of your distribution ( withholding must be at least $5)Yes** If you tell us not to withhold federal income tax, we won t withhold any amount for state income tax unless your state specifies a different policy.** state tax may be withheld regardless of your federal withholding election.** Mississippi requires state income tax withholding only if you ve taken an early or excess distribution subject to the 10% federal penalty on the types of accounts you have with Vanguard , the method we use to calculate your state tax withholding may be different. For more information, contact your state s department of funds not held in a brokerage account are held by The Vanguard Group, Inc., and are not protected by SIPC.

5 Brokerage assets are held by Vanguard Brokerage Services, a division of Vanguard Marketing Corporation, member FINRA and SIPC.