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I asked about tax exempt income or dividends that are specified on the federal level as tax exempt for either Maryland or Missouri. Mutual funds are municipal funds specific for the state or various states and are divided by state on federal return. so are these tax exempt funds carried over to state. This would also be the case for treasury income that is designated on the federal form as treasury income is taxed at federal and not state. So is that carried over to state. Why do they ask for additions or subtractions on state?
‎November 16, 2022
3:02 PM