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What box is it in? And what company? Is it Vanguard? I have Vanguard and know them.
And...what was the exact name of the fund the $$ came from.
Some Bond funds did not hold enough CA-specific bonds to allow the exemption. CA restricts the ability to exempt the $$ to those bond fund that hold mostly CA-Specific bonds.
California, and Minnesota require that the bond fund hold at least 50% of their holdings be in their own state's bonds, before you can break out that state's $$ for possible lower state taxation. Illinois, essentially, doesn't allow it at all.
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