Get your taxes done using TurboTax
Follow these steps:
- Edit your 1099-DIV
- After the income entry, continue
- Uncommon Situations - select a portion are US Government interest
- Enter the dollar value that represents that percentage.
Any amounts in box 12 should automatically pull over as nontaxable income.
If you have municipal or other exempt interest, you can enter state amounts on the next screen.
You can switch over to Forms mode and view the forms to be sure the income is no longer taxed.
