2003609
Hello,
The amount of this addition for NC is showing the entire federal tax exempt interest amount. I need this to be excluding the interest from NC municipal bonds. I made the necessary change in the 1099-INT but it is not reflecting in the NC D-400 Schedule S. Need to fix this. Please help.
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Yes, you are correct. Only interest from other states besides North Carolina need to be added on Line 1 of Schedule S. When I tested this, the North Carolina Tax-Exempt Interest did not carry to Line 1.
Things to try to update your tax return:
Both options can be done from within the regular interview screens by clicking on the Trash Can Icon to delete the Form.
See North Carolina D-400 Instructions, Schedule S, Line 1 beginning on page 17.
Thank you for the quick response! I have the downloaded version so can't do the incognito Chrome option. I will try re-doing the North Carolina return first. Else, I will re-do the 1099-INT.
I need further help. I looked for the Trash can icon and I can't find it. Hence I am not able to delete any form.
Thank you!
Trash Can is in the "Online" version...you said you are using the Desktop/download version...there's just a Delete button.
Go into the 1099-INT section on the Wages&Income page, and hit the delete button next to your problematic 1099-INT in the table of 1099-INT forms.
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