Investors & landlords
It is neither.
It is asking which state's issued the actual bonds that produced the $$ in box 12 of the 1099-DIV.
If you select the top bullet point, you scroll to the bottom of the list of states and select "Multiple States"......unless all of the $$ were from bonds issued by your own state.....which is rare. but possible.
(Like sometimes CA residents buy a bond fund that ONLY invests in CA-issued bonds)
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