icefalcon
New Member

TurboTax 2024 still has programming error for NJ tax exempt interest

In 2024, I had normal 1099-INT from a few outfits and cashed in some U.S. Savings bonds which had interest as well.  In TurboTax the Federal 1040 is correct with all of the interest accounted for as taxable (line  2b).

On the NJ 1040, TurboTax made all of the interest as Tax Exempt (line 16b) not just the Saving Bond interest. I expected to see taxable (line 16a) and non-taxable interest (line 16b) entered.

I was on the phone for a few hours with TurbTax support with no help. 

 

Essentially (by poking around) this issue was reported in this forum April 03, 2023 3:24p

This is sad....