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Get your taxes done using TurboTax
As I mentioned in my previous post, I am going ahead with my assumption about reducing my Federal Interest based on the accrued interest I paid for these US bonds. Now I ran into another problem. While doing my CA taxes I see that TT subtracts a smaller amount from my interest than the adjusted federal interest. I tried clicking on Line 1, Column B on the CA Interest and Dividend Adjustment Worksheet, but this does not link me to anything (which is annoying). Can anyone explain this?
‎April 4, 2025
7:28 PM