JP36
Level 2

State tax filing

I have tax exempt dividends from two mutual funds.

 

On each mutual fund I have the amount of the tax exempt interest.  Let's say one mutual fund has tax exempt interest of $100 and another has $200.    My state is listed on each with a 10% rate.  Is the amount I enter in turbo tax $30 and enter it with my state identifier?

 

Then turbo tax will subtract this amount from my state return?

 

Thanks