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mstern11
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1099-DIV has Exempt Interest dividends. It's a mutual fund-exempt dividends are from all 50 states. How to answer 'which state is your $$ exempt int div from?

 
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3 Replies

1099-DIV has Exempt Interest dividends. It's a mutual fund-exempt dividends are from all 50 states. How to answer 'which state is your $$ exempt int div from?

Select "More Than One State" in the dropdown box.

1099-DIV has Exempt Interest dividends. It's a mutual fund-exempt dividends are from all 50 states. How to answer 'which state is your $$ exempt int div from?

the only state that's of interest to you is your state;  forget the other 49.

you have to get from the mutual fund company the percentage of income the fund earned on your state's debt.

1099-DIV has Exempt Interest dividends. It's a mutual fund-exempt dividends are from all 50 states. How to answer 'which state is your $$ exempt int div from?


@fanfare wrote:

the only state that's of interest to you is your state;  forget the other 49.


You can also forget your state if your state either does not levy an income tax or taxes in-state, as well as out-of-state, municipal bonds. 

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