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How do I enter Tax exempt muni's taxable to Indiana? I followed the screens, but it's not showing up on Indiana return as an add-back.
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June 6, 2019
8:24 AM
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State tax filing
When you enter on the federal return the tax-exempt interest, you need to make sure that you enter it in box 8 on the 1099-INT input screen. This requires you to check the box "There is more information than just in box 1" (paraphrase). Then on a subsequent screen, you will be asked from what state the munis come (in my test, I chose New York).
Then go to your Indiana interview. After a few screens, you should see a screen entitled "Interest on Out-of-State Municipal Obligations". You can enter the amount of interest here that is taxable in Indiana.
But I suspect that you won't see this Indiana screen if you didn't enter the muni correctly on the federal return.
June 6, 2019
8:24 AM
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State tax filing
I assumed when you enter the state on the Federal Screen where it asks you, it would pull to the state return. I struggled to find the muni entry in the Indiana screens. So basically it's an override. sjk, cpa
June 6, 2019
8:24 AM