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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
‎February 23, 2020
9:12 AM