waltryan1
Returning Member

Get your taxes done using TurboTax

So I have entered my tax exempt interest via the 1099 on my Federal return. When I get to my CT return, a figure is in fact brought over by TTX (as mentioned in the earlier reply) and added to the state AGI. However this number is different than the exempt amount on the federal return or 1099. I have been trying to reconcile the CT number back to the federal to no avail. I have tried finding an applicable reply here, plus have also spoken (at long length) to an TTX expert but cannot seem to get a straight answer to why the figures are different. I was pointed to bond premium amortization but I do not see how that applies in my situation. I am to the point where I am simply going to file as is and suffer any consequences that may result!