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the round amounts make me think you're referring to individual muni bonds reported on 1099-INT with 1300 in Box 8 and $300 is from NJ.   after you've input the 1099-INT there is an interview screen to specify which state the tax ex interest is from.  you can use the "More Than One State" option and put $300 from NJ and $1000 from "Multiple States" but check the outcome on your NJ state return.   But there are some complications if you have any adjustments for premium (Box 13) or accrued interest paid, on a 1099-INT with mixed income types (Box 1 or 3 along with Box 8), or if your Box 8 has a mixture of bonds taxable or tax exempt in your state.  Turbotax can't tell how to apply these adjustments to the right income box or to the subset of bonds taxable in NJ to get the right outcome for your state tax.  The bottom line if you have these adjustments is to split up the 1099-INT, input the muni related boxes separately from other income, and further split it into NJ and non-NJ income.

There should be a screen that is titled "Untaxed out-of-state purchases". Click on Yes to answer the questions, "Did you make any untaxed, out-of-state purchases in 2025?"   You will be asked to differentiate between purchases under $1,000 and more than $1,000. If under $1,000, then you will be given the option to let TurboTax calculate the Use Tax based on your California income. Or you can enter the purchases individually.

I have wasted a lot of time on this WHFIT experience as well.  The security I bought does have a 17 page tax document that fails to provide any insight as to how to report this on our taxes.  Like you, I had Short Term Gains (Non-Covered) for 2025 - one for each month, to be exact - although not a single one of these allegedly short term sales appeared in any of my monthly statements from my brokerage firm.   Later on in my 1099-B, I had the WHFIT listed again, and the same amount of Short Term Gains was now listed as an "Investment Expense."     I called my brokerage, and received no help.  I called the company (whose WHFIT is in my holdings) - same result.  I searched online too, but you've probably already guessed by now that they were of no help either.   My main question is this:  What is the point of calculating an adjusted cost basis if I have sold nothing?  I bought 250 shares in late 2024.  I still hold 250 shares in April of 2026, despite allegedly making 12 short term sales in 2025.  I have small monthly gains that are reported to the IRS, but how does one report an adjusted cost basis for something they didn't sell?  Nobody can answer that.  I did not sell a single share.  I did not sell even a fraction of a share.     Like you, when I filed my taxes, I listed each tiny monthly gain as a short term sale because that is what my brokerage provided to the IRS on my 1099-B.  For my cost, I listed $0 and reported that my cost basis was missing.  On that next page, I reported an investment expense charge equaling each tiny gain.  I did that for each monthly gain.  Who knows if this is how it is supposed to be done or not - I can find no one who can tell me how to handle this - even my wife, who is an accountant.  All I know is that I was charged the exact amount of the proceeds I allegedly received.  Therefore, the way my rudimentary brain calculates things, I calculate that I gained absolutely nothing.  I came out neither ahead of behind - hence the gain/loss of $0.      Of course, I have calculated the difference in my cost basis for this stock, which I wish I had never bought in the first place, but I will need to know that number when I eventually sell this pig off for a loss.  Until then, that number seems to be irrelevant.     By all means, if someone has a better solution, please share it with all of us.  That will save a lot of headaches for everyone else who holds one of these WHFITs.   And TurboTax, it would be swell if you engineered a question into the Step-by-step system that asks if the security is a WHFIT.  That would be wonderful, provided that you provide a slick way of dealing with these things.

Hi Monika, thanks for replying. I really appreciate it.   I'm using TurboTax Home & Business. There are dozens of threads about the schedule F glitches; it seems to be a very widespread problem.   Here's my situation:   In East Step, when I click "Farm Income” it goes straight to the "farm rental income" track. I do not have a farm rental, but there seems to be no way to get it to do the farm “farm income” track. TurboTax keeps pushing me into the farm rental track.  When I went to Forms and create a new Schedule F from scratch, it does not link to the rest of Turbotax return.  And I cannot get my 1099-G entry to link to Schedule F.  After hours and hours trying to find work-arounds I got so frustrated that I decided to start a whole new return, and begin with opening a new scheduled F form. Unfortunately, I can't get the farm form started. It will not even allow me to input the farm name. It’s a dead end.    My app that I downloaded is dated April 3. Has there been an update to the application since then that has fixed this -- given the many, many TurboTax customers who have been unable to get it to work?   Or is there a way you can send a manual patch?    I sent my file, token number is: 529778565 - 03370398   Please help — I’m at my wit’s end!   Thank you,

Within the IRS form 1099-R entry, you may be directed to the screens Annuity information.   At the question, For the years you received these distributions, was the total amount shown in the form the amount you paid tax on?, select Yes.   The box 2a amount will be reported as the Taxable amount.   @13d33r-  @user17755971564 

it does not have a box that says "Ill enter it"  Instead there is just a box 1e - cost basis where you type in what in that box.  So typed 0.00 but theres no box to write in description.  However there is a drop down box "what type of investment did you sell"  before you enter what in box 1a.  the closest choice is "stock non employee". then it asks if I want to keep the cost basis at 0.00 so I said yes.    It no longer shows any errors when it does the federal review.   so just want to make sure i have done the correct entries.   Im showin cost basis as 0.00.   but not stating anywhere that it is a spinoff fractional sale

Steps to file a Complaint AFTER the "Final Steps" point in the Software.    I received an IRS Notice stating that the TT algorithm filed my return IN ERROR. How to I make a complaint AFTER I've received an IRS NOTICE?