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Get your taxes done using TurboTax
I have same question. Brokerage has two columns one showing direct federal income with a line item for each security and indirect federal income. Which one is considered US obligation when asked on the state form?
example:
Baird Aggregate Bond Fund
direct federal $271
indirect federal $281
notes only talk about some states having thresholds but don’t tell you which column is applicable
February 10, 2024
4:00 PM