DavidS127
Expert Alumni

State tax filing

So, the $65,969 amount needs to be adjusted to the Alabama amount of $29,398 for interest; and the Alabama dividend amount of $1,236 needs to be added.

 

Look for "adjustments" screens in the Alabama state tax questions, where you can make adjustments to the federal amounts reported on your tax return.

 

As an aside, I'm curious why the federal dividend amount reported in box 2 didn't show up on the Alabama tax return.  Did it show up as dividend income in your federal return?

 

Also, was it reported anywhere with your K-1 that any of this interest and dividend income is U.S. Bonds interest not taxable by states?  If so, that can be entered when you are entering the federal K-1, on the "box 1 and box 2" screen.

 

 

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