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Why is the Tax-Exempt Interest on my 1040 not the same as what I entered?
My Form 1099 shows:
8 Tax-Exempt Interest.........................26,831.94
The Form 1099-INT Worksheet in TT shows the same amount (Box 8). This amount is carried correctly to Schedule B in TT. But on Form 1040 in TT, the amount shown on Line 2a is $12,416. I am perplexed! Help!
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