When you entered your 1099-DIV form in the federal section, did you notice that on a page AFTER the main 1099-DIV for, there is a selection box for "A portion of these dividends is U.S. Government interst" ? (Go back and edit that 1099-DIV form again.)
You select that box, and then on the next page you enter the $$ amount that YOU calculated came from US Govt bonds in your MM Fund. (based on the % of the distribution from that fund that the fund publishes...it isn't always 100% in spite of the name of the fund), That should automatically include those $$ amounts as being CA -exempt on the CA forms. The total $$ in box 1a of the form 1099-DIV can come from various sources, so you have to use your supplemental sheets to determine that exact amount.
________
But be careful...for CA you can only include those $$ if the Mutual fund/MM Fund holds at least 50% of its assets in US Govt bonds/Notes etc. (at least that's the % I recall). Not greater than 50% of its distribution $$.
For instance, the Fidelity listing of Mutual/MM Funds with US Govt interest distributions, it lists at least one fund where more than 50% of its $$ distributed came from US Govt bonds...but they do not indicate that CA residents can exclude that interest because that particular fund did not have more than half its assets in US Bonds.
@bhingles
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
This answer has been verified for accuracy by an Intuit expert employee
