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Bug on TurboTax or My Misunderstanding: I Bond interest taxed by state?
See screen shots - I bond interest should not be taxed by states. However, I am seeing $12 more tax if there is $1K more I-bond interest. The following screen shots are captured from TurboTax Premier. Is this an TurboTax bug? or is there extra tax that include Treasury bond interest for relatively high earners?
I bond interest $2,914 => Tax Due $1,410
I bond interest $3,914 => Tax Due $1,422
March 10, 2024
9:56 PM