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Level 1
June 6, 2019
Solved

State ID for Box 8?

  • June 6, 2019
  • 2 replies
  • 35 views
Form 1099-INT Worksheet for Schedule B is asking for a State ID for Box 8 for the State where interest was earned. I am fairly sure the answer is "more than one state" but the box is not allowing me to type in anything but a 2 letter state abbreviation. What should I do? Just enter my home state?
Best answer by Zbucklyo

It depends.  If the interest is from a multi-state bond fund, you can enter XX to represent more than one state.  If the interest was from a bond issued in your home state, or a mutual fund that only invests in your home state, enter the abbreviation for that state.

2 replies

ZbucklyoAnswer
Level 8
June 6, 2019

It depends.  If the interest is from a multi-state bond fund, you can enter XX to represent more than one state.  If the interest was from a bond issued in your home state, or a mutual fund that only invests in your home state, enter the abbreviation for that state.

Level 10
June 6, 2019

Yes enter home state in box 8 if your Form 1099-INT does not have a state abbreviation in box 8.