TT 2022 has the same problem as TT 2021 dealing with the box 3 interest from 1099-int that is supposed to carry to MI sch1 line 10 to become a subtraction from the MI income automatically. It isn't working.
US savings bond interest is tax free in every state. After entering the 1099-int, select none for uncommon situations. You don't enter the dates of the bonds or any other information. Just the amount in box 3.
You state that you received a 1099-int and the savings bond interest is correctly reported in box 3. It should carry to sch B, part 1 interest. Taxable on the federal return. That number then carries to MI, not taxable on MI.
This exact problem happened to people last year. It is happening again for the 2022 tax year. What can be done to fix it?
