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These are the details :

1099-INT 1 : box 1 : $27 box 3: $95 box 12 : $30.5

1099-INT 2 : box 1 : $873 box 3: $124 box 11:$5.25 Accrued interest :$ 205.5

1099-INT 3 : box 1: $1117.25 box 3: $281 box 11: $35.23 Accrued interest : $372.68

 

I did not have Muni bonds, only corporate and Treasury notes/bond

 

How does that explain the reduction in the Box 3 for NC return?

 

You are suggesting that I create different 1099-INT with accrued interest split for corporate and treasury bond categories.

i.e

Corporate Bond:

1099-INT1 : box 1: $$ box 11 : $$ accrued interest from Corporate Bond

1099-INT 2: Box 3: $$  Box 12 : $$ accrued interest from Corporate Bond

 

Treasury Bond/Note:

1099-INT1 : box 1: $$ box 11 : $$ accrued interest from treasury note/bond

1099-INT 2: Box 3: $$  Box 12 : $$ accrued interest from treasury note/bond

 

Could you explain the reason behind this step of splitting 1099-INT?

Will this help create more deduction for state return?

 

Thanks in advance.