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Get your taxes done using TurboTax
Thank you so much Bsch4477. Please confirm a) if I should choose "Yes" for question 1 below and b) $249 for question 2 below from Turbo Tax. Or if I should choose No for question 1 (as per (https://ttlc.intuit.com/community/taxes/discussion/re-question-on-state-for-vanguard-stocks/01/25932...)?
Question 1:
Tax exempt interest from California sources of $249 transferred from your federal return.
Is any of this interest from funds with less than 50% of their assets invested in California and U.S. obligations?
- Yes
- No, all funds are 50% or more invested in California or U.S. Obligations.
Question 2:
"Enter less Than 50% Tax Exempt Interest"
March 27, 2022
1:24 PM