Turbotax has this statement in the Subject box above when I worked on the CA return, which is followed with a question: "Is any of this interest from funds with less than 50% of their assets invested in California and US obligations?
I looked at all my 1099-INTs from various financial institutes and could not figure out how the amount $xxxxx was arrived at. I need to determine which investments contribute to the amount and which of them are qualified for the 50% rule. Is there a worksheet containing the information?
Thanks!
