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State tax filing
ooooo...maybe "Multiple States" for all of it....unless it is a CA-specific fund, or heavily weighted to CA bonds.
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For a 1099-DIV, CA requires ....For the bond fund that reports the tax-exempt interest on a 1099-DIV , that Fund must contain at least 50% of its assets as CA-only bonds before you can break out the CA-bond amount. Otherwise all of it must be tagged "Multiple states"
(The same limit does not apply box 8 on a 1099-INT since those are individual bonds you own...not a fund).
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Here's a picture of how it would be broken down...if you can do so (NC example):
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____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
March 20, 2020
5:55 PM