turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Ask the Experts All About the Refund! >> Event happening NOW!!!!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

bsymesjr
New Member

I am being asked "Which state is $XX.XX of exempt-interest dividends from?" Where can I find this information on the tax form?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
ThomasM125
Expert Alumni

I am being asked "Which state is $XX.XX of exempt-interest dividends from?" Where can I find this information on the tax form?

That information would be reported on supplemental statements attached to your form 1099 that reported the income. If not, then you would have to ask the issuer of the form. It is asked to see if the interest is from state obligations of the state that you live in, as it may get special tax treatment there. There may be a response available that says "various" that you could use as a default answer.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

I am being asked "Which state is $XX.XX of exempt-interest dividends from?" Where can I find this information on the tax form?

@bsymesjr 

 

Unless you are willing to go thru the calculation to break out JUST the amount from your own state's bonds, you would select "Multiple States" for all of it

____________________________________

 

1099-DIV_TaxExempt_State_Online_1.png

 

_____________________________________

IF you are going to break out your own state's $$ then you check the selection that displays the extra boxes

(note, for a 1099-DIV, box 11, this is not allowed by Illinois, and CA & MN have severe restrictions on when it is allowed).  The amount actually from your own state's bonds would have to be more than ~$50 or $100 before it had much of an effect.

____________________

Example is for a NC resident:

 

1099-DIV_TaxExempt_State_Online_2.png

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies