nothapp23
New Member

Get your taxes done using TurboTax

the US Treasury is not a "small" bank.  The problem is TurboTax not able to identify Treasury Direct interest on my STATE (MI-1040) which is not taxable.  The TurboTax rep couldn't figure out how to identify the income as not taxable.  I believe that T-Bill/Note is not taxed by any State!

I easily downloaded the 1099-int from the US Treasury but the program didn't allow to note as a Subtraction on Michigan Schedule 1 Additions and Subtractions!

Are you stating that you can subtract Treasury income from your State tax form?