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Get your taxes done using TurboTax
Thank you for the info. I entered T-Bill interest earning on Box 3.
In the State tax program, it says "You reported $50 of US government interest and dividends on your federal return. We've already subtracted this amount from your Maryland income. If you received a gain from the sale of any US obligations or income from other US oblications (except "Ginnie Mae" bonds) in 2022, enter the amount here."
Gains from sale of US obligations: _________
Income from other US obligations: _________
Since the program already subtracted interest earning from $50 of my matured T-bill, do above Gains or Income apply in my case? I also have I-bond I bought in October or November 2022, but I have not sold it and TreasuryDirect didn't put any interest earning from I-bond on the 1099 form they sent me. If I logon into my TreasuryDirect account online, it doesn't show interest earning for my I-bond.