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Get your taxes done using TurboTax
Yes, I had the same exact question regarding Tax exempt interest. Why is the value on 1040-SR line 2A different from what I loaded in from Fidelity. I saw this upon my spot check prior to mailing in my return. The answer is that I had a tax-exempt bond that had a premium that I loaded into the program. The value that is entered on line 2A on 1040-SR is the tax-exempt interest minus the tax-exempt bond premium. This is the correct answer for line 2A. Make the calculation and see for yourself.
‎April 12, 2025
10:04 AM