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Get your taxes done using TurboTax
After following the above steps, Turbo Tax attached Schedule M that has the line "State and municipal interest" where it put the number I provided, but this is not what I need because the form 1NPR still has interest listed under the line "Taxable interest", which was already paid in a different state tax form. Besides, state and municipal interest refers to "the amount of Wisconsin earned interest from state and municipal obligations which is tax-exempt for both federal and Wisconsin tax purposes." But I need to handle the interest earned from a bank account based on the 1099 form I received. Thanks.
‎February 27, 2024
6:15 PM