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US Government earning (ie, agency bond) deduction from state tax
Fidelity reported my US Government interest (Federal Home Loan Bank, etc.) in the 1099-INT. Agency Bonds are federal-taxable, but state tax free.
After I entered the taxable interest (from agency bonds), there is no box to check for state income tax adjustment (I am from PA). Should I just manually adjust the agency bond earnings and go to the state tax return part to manually enter it?
(interestingly, I noticed that for 1099-DIV, TT does ask for adjustment for "dividends is US. Government Interest". Does TT place those government interests earning at the wrong place?
‎February 20, 2020
6:10 PM