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Issue with State Return for Tax Exempt Dividends
Greetings all, I am having an issue with my state return in Turbo Tax, specifically with a national muni fund.
Since it is a national muni fund, the interest is taxed in my state (except a small percentage, which can be ignored for this). In the state return form, I need to uncheck the box which reads 'This interest is tax exempt...'. If I do this, Turbo Tax calculates the right amounts, and we are all good. When I try to file, the software automatically rechecks the box, thus INCORRECTLY exempting the interest from state taxes. Not matter what I do, the software will not allow me to file my states taxes with this box unchecked. It seems like a technical bug/glitch. Anyone else see this before?
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March 16, 2021
2:04 PM