- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
@HDShrader327 @ssr025 @Mike9241
Instructions for OR, and an example, are actually on page 88 of the 2022 OR Pub 17 (not sure of other years). [[appears to be the same on p80 of the 2020 OR pub 17, or p86 of the 2021 Pub 17]]
I doubt that TTX will do this calculation for you....and I personally suspect that most states won't allow it , nor bother with the complexities of verifying your calculations. Keeping track year-to-year, with folks re-investing interest/dividends in the same, or other funds within their IRA...., it would end up being a tracking nightmare.
(now I'm off to check my NC rules...just in case)
______
( later edited in For NC: The NC state tax rules for subtraction of interest/dividends from US Govt bonds/securities includes:
"This deduction does not apply to any portion of a distribution from an Individual Retirement Account (IRA)."
(last sentence on this page: Interest Income from U.S. Obligations | NCDOR )