The part that is also referring to US Obligations, might be referring to $$ in box 1a of the 1099-DIV ...since CA doesn't ax US bond interest...but again, it's something you would have to tweak out of your investment documents (and it may not be in your "consolidated" 1099-B/1099-DIV/1099-INT). Otherwise you would not indicate any of the $$ in box 1a of the 1099-DIV is from US obligations either....i.e you need to be able to prove it from your Brokerage/Fund documentation or it isn't allowed.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
