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posted Feb 5, 2024 11:43:32 AM

Interest income from US Treasury bonds is exempt from Minnesota tax, but I cannot figure out how to enter it as a subtraction on my Minnesota return. Help please?

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1 Replies
Level 15
Feb 5, 2024 11:46:26 AM

if you enter it in box 3 of the 1099-int the state adjustment should be automatic.  just make sure you don't also enter the zzzzzUS Interest in box 1