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Retirement tax questions
My Bond Premium is listed on the 1099 and seems to be taken into account for the Federal return. However since most of the bonds are tax free bonds which I have to pay Massachusetts taxes on this does not make a big difference for the federal taxes but that interest is taxed at 5% by the state. The bond premium does not seem to be making its way to reduce by interest on the state return. How can I make this happen?
March 9, 2021
5:55 PM