Hello, I'm in the state of CA and through 2024 I held a money market fund (FDLXX) composed of mostly treasuries
Below is the % from the official Fidelity website
CUSIP, 31617H300 - 97.0032%
During the federal income tax section, I input the following
>> 1099-DIV
>> Box 1a - Total ordinary dividends: $500.00
>> Do these uncommon situations apply? A portion of these dividends is U.S. Government interest.
>> 500.00 * 97.0032% = $485.016
Will turbotax automatically handle the state income tax portion or do I need to make sure to exclude the U.S. Government interest from my State income tax form?
What box should I look out for when filling out the state income tax?
