On the 1099-DIV, what boxes have entries? Were you required to click My form has info in other boxes? and make entries?
What state tax returns are you completing?
The Federal government taxes income you receive from its own bonds and your state may not.
What about dividends from U.S. government bonds?
The federal government taxes income you receive from its own bonds. Although your state doesn't tax income generated by U.S. government bonds, each state defines government bonds differently.
To find out if these dividends are taxable in your state, review your 1099-B along with the supplemental pages from your consolidated tax statement. If you can’t find the info, you might be able to get it from your brokerage or mutual fund company website. See this example.
Once you have found the info in your documents, just follow the screens here and we’ll help you enter an adjustment for the nontaxable amount in your state. When you get to your state taxes, we'll subtract the adjustment from the income reported to your state.
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