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Virginia Subtraction for Accrued Interest on Treasury Note
Hello. I have Accrued Market Discount Interest on Treasury Notes held for over a year. This is treated as taxable Interest for Federal tax purposes. Virginia allows a Subtraction from AGI for government interest and dividends however TurboTax is not carrying the interest over to the Virginia Form 760 as a subtraction. Help appreciated.
ChrisG0621
‎February 8, 2024
8:35 AM