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Get your taxes done using TurboTax
For the $$ in Box 12, you indicate "More than one state" for all of it.
CA doesn't allow you to break out the amount from CA unless the Tax-exempt bond fund you owned contained more than 50% of CA bonds. Unless you held a CA-Specific bond fund, then you just select "More than one state" for all of it. (same selection is made if you just don't know)
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The portion that came from US Bonds refers to the sub-amount from box 1a $$ of the 1099-DIV. No USbond/Treasury $$ are in box 12 of a 1099-DIV..
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
March 12, 2024
5:33 PM