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Get your taxes done using TurboTax
on the VA 760 it is adding the tax exempt interest on line 2 as an addition to Federal AGI on line 1 which wrong because it is double counting the interest (since it is already included in the Federal AGI. This is the incorrect part. It should NOT be an addition to income. However, it is also showing the deduction for the exempt savings bond interest on line 7 as a deduction to Federal AGI which is correct. So it is the addition to income on line 2 which is the problem.
‎January 22, 2025
4:58 AM