Carol74
Returning Member

Tax Exempt Interest and Federal and Indiana Tax returns

LPL Mutual Fund and UIT Supplemental Tax detail shows amounts  in both Direct and Indirect Federal Income columsn, and zero municipal income for my state or any state.   Line 8 of the 1099 INT shows zero for tax exempt interest, and  line 14 the Tax exempt and tax credit bond CUSIP number shows see detail.  That detail I assume is the Mutual Funds UIT Supplemental. My question is where do I put and/or do I have to put this information on the Federal forms somewhere?  Do I have to include any of this federal income on my Indiana State Taxes?   I keep reading in the Indiana tax laws that you can deduct this only to the extent that you include it in your income.    I am thinking that since 0 is tax exempt meaning this is not included in my income that this is not deductible on Indiana tax.