Follow these steps to deduct U.S. Government interest form your Illinois income. In the federal return, after you enter your 1099-DIV information, select Continue -
- The next screen will ask Tell us if any of these uncommon situations apply to you
- Select A portion of these dividends is US Government Interest, select Continue
- Select the appropriate option on the next screen, select Continue
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Enter U.S. Government Interest in the box provided
- TurboTax will carry this information over to your Illinois tax return
