DJF
Level 2

Deductions & credits

Hello. My 1099-DIV does include an amount in box 2a, I should have made that explicit. However the brokerage (TRowe Price) only includes a statement (with description below) providing a "% of *dividends* from US Govt Securities", it does not provide a different percentage for *capital gains* or mention capital gains.  

The 1099-DIV describes "In most states, mutual fund dividends from interest on direct U.S. government securities are exempt from state and local taxes. To determine this amount for each of your funds, multiply the “% of dividends from U.S. government securities” (shown below) by the amount for that fund in Box 1a of your Form 1099-DIV."

So my question is should I use the same percentage and multiply the amount in box 2a and put that in the box Total From US Obligations? (Note that to the left of this box it does show Federal Total with the proper total of all Box 2a entries from the Federal 1099-DIV entries.)

 

Thank you also for the link.