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Get your taxes done using TurboTax
Split your tax exempt dividends between California and Multiple States.
California does not tax dividends received from California state or municipal obligations if at least 50% of the fund’s assets would be exempt from California tax when held by an individual. So you'll need a CA amount and multiple states for it to total out.
Your funds may also have US government interest. To enter that amount, select the box A portion of these dividends is US government interest on the screen Tell us if any of these uncommon situations apply to you.
2020 Supplemental Guidelines to California Adjustments
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February 16, 2022
6:48 PM