State tax filing

@Miguel-O-Matic 

 

IF the $$ are reported by Mutual funds, and not individual bonds you hold....then those $$ are reported in box 1a of a 1099-DIV form...BUT, box 1a contains $$ from lots of other stuff too, even stocks.

BUT..

When you entered your 1099-DIV form in the federal section, did you notice that on a page AFTER the main 1099-DIV for, there is a selection box for "A portion of these dividends is U.S. Government interst" ?  (Go back and edit that 1099-DIV form again.)

 

You select that box, and then on the next page you enter the $$ amount that YOU calculated came from US Govt bonds in your various Funds......based on the % of the distribution from that fund that the fund publishes.  That should automatically include those $$ amounts as being VA -exempt on the VA forms.  The total $$ in box 1a of the form 1099-DIV can come from various sources, so you have to use your supplemental sheets to determine that exact amount.

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*