I have a few muni bond funds in Fidelity that are not state specific. Rather they are comprise of multiple states. The brokerage sends me a letter telling me what percentage of municipal income paid comes from my resident state of NY. Are these tax exempt from New York State taxes? If so, where do I record that portion which is NY specific - on the Federal Return or is there somewhere in the NY state return in Turbo Tax? If it is on he Federal side does that mean I have to calculate the NY portion and will that transfer to my NY state return? Thank you for whatever assistance you can provide!
