topic Which state is your $78.97 of exempt-interest dividends from? in Investors & landlords

Which state is your $78.97 of exempt-interest dividends from?

mixerman0915 — Mon, 09 Mar 2026 08:43:23 GMT

Re: Which state is your $78.97 of exempt-interest dividends from?

Mike9241 — Wed, 09 Mar 2022 07:46:49 GMT

for $79, just use TX. otherwise, you'll have to contact the payor to see if they can provide the info. in many cases there are multiple state sources of TE-div. then you have to deal with the tax laws of your home state to see which are taxable and which are tax exempt. out-of-state would be fully taxable and in many cases only a few in-state sources are actually exempt for the state.

Re: Which state is your $78.97 of exempt-interest dividends from?

SteamTrain — Wed, 09 Mar 2022 12:40:29 GMT

There is also a "Multiple States" selection at the very end of the list of states that would be more correct.

TX would work for residents of most states, but would not be proper for UT residents as that would improperly make the distribution nontaxable for those UT folks.