kelangov
New Member

Do I need to report "federally tax exempt interest dividends" from 1099 DIV in Michigan Schedule 1 line 1?

Do I need to report "federally tax exempt interest dividends" from 1099 DIV in "Michigan Schedule 1 Additions and Subtractions", line 1"?

 

Michigan form "Schedule 1 Additions and Subtractions", line 1 states "Gross interest and dividends from obligations issued by states (other than Michigan) or their political subdivisions".

 

In my case, I have $$ from Fidelity 1099 DIV line 11 "Exempt Interest Dividends", which were federally tax exempt.

 

Do I need to report those $$ in line 1 in schedule 1?

 

Thanks.

 

EE