https://ttlc.intuit.com/community/state-taxes/discussion/us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and-right-it/01/2027465#M90259 I don’t see a # on 1099B. Please advise Thu, 04 Mar 2021 19:01:56 GMT Dsf4man 2021-03-04T19:01:56Z https://ttlc.intuit.com/community/state-taxes/discussion/us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and-right-it/01/2027465#M90259 I don’t see a # on 1099B. Please advise Thu, 04 Mar 2021 19:01:56 GMT https://ttlc.intuit.com/community/state-taxes/discussion/us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and-right-it/01/2027465#M90259 Dsf4man 2021-03-04T19:01:56Z https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2030183#M90387 <P>If you are a full year resident, the full amount would be entered to reduce your MD income.</P> <P>If you are a part-year resident, enter the portion of the income earned from US Obligations while a MD resident.</P> <P>&nbsp;</P> <P>Subtractions from income include interest on U.S. Savings Bonds and other U.S. obligations, capital gains from the sale or exchange of U.S. obligations, and dividends from mutual funds that invest in U.S. government obligations.</P> <P>If you are high income, it will also adjust your exemption.&nbsp;</P> <P>See&nbsp;<A href="https://www.marylandtaxes.gov/individual/income/tax-info/index.php" target="_blank">Tax Information for Individual Income Tax</A></P> Fri, 05 Mar 2021 03:16:38 GMT https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2030183#M90387 AmyC 2021-03-05T03:16:38Z https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2030913#M90414 <P>I'm a full year resident and to be clear, I'm&nbsp; entering the amount that shows in the block Capital Gains/Federal into Total from US Obligations empty block?&nbsp;</P><P>&nbsp;</P> Fri, 05 Mar 2021 11:04:13 GMT https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2030913#M90414 Dsf4man 2021-03-05T11:04:13Z https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2047951#M91416 <P>The amount you enter for the<STRONG> US Obligations </STRONG>would be the amount of income you&nbsp;earned that were associated with US obligations, in other words US bonds, treasury notes, etc...</P> <P>&nbsp;</P> <P>&nbsp;</P> Mon, 08 Mar 2021 21:09:08 GMT https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2047951#M91416 ThomasM125 2021-03-08T21:09:08Z https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2050864#M91578 <P>Doesn't the software calculate that where it shows the $12k at Cap Gains/Federal Total and all I need to do is enter that number in Total from US obligations. The reply prior said that I should enter this entire amount if I'm a full-time resident of the state of MD, which I am. These are all stocks and not clear how to read my 1099B.&nbsp;</P><P>&nbsp;</P> Tue, 09 Mar 2021 12:46:38 GMT https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2050864#M91578 Dsf4man 2021-03-09T12:46:38Z https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2134938#M96481 <P><SPAN>Doesn't the software calculate that where it shows the $12k at Cap Gains/Federal Total and all I need to do is enter that number in Total from US obligations. The reply prior said that I should enter this entire amount if I'm a full-time resident of the state of MD, which I am. These are all stocks and not clear how to read my 1099B. I'm still looking for a reply</SPAN></P> Thu, 25 Mar 2021 21:47:56 GMT https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2134938#M96481 Dsf4man 2021-03-25T21:47:56Z https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2149681#M97358 <P>If your capital gains are from stock sales, then they are probably not from US obligations, unless you had investments in US treasury mutual funds. If your capital gains were from sales of&nbsp;corporate stock, like IBM, Walmart, Nabisco, etc...,&nbsp; then you wouldn't enter anything when asked to enter income from US obligations.</P> <P>&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> Mon, 29 Mar 2021 23:10:09 GMT https://ttlc.intuit.com/community/state-taxes/discussion/re-us-obligations-for-state-tax-am-at-this-point-in-my-md-return-on-the-left-shows-12k-fed-and/01/2149681#M97358 ThomasM125 2021-03-29T23:10:09Z