tax exempt dividend

[17717205229]

Tax exempt dividend is on line 12 from broker and is included in income dividend summary, but does not show in update detail so I can't specify state. When I click on the summary amount, the amount shown is missing the tax exempt income.

[SteamTrain]

@17717205229 

Yeah, for a 1099-DIV the summary amount on the Desktop Menu page shows the full amount, but clicking on it only shows the Ordinary dividends  (haven't checked to see what the "Online "software shows).   The $$ tax-exempt are still included in the 1040, line2a value.

Even so, make sure you edit that 1099-DIV form...and on the page that asks what state the tax-exempt dividends came from, make sure the first  bullet point is selected as "Multiple States"

....do not select your state on this bullet, unless you are sure that 100% of the tax exempt $$ came from your won state (that is extremely rare....to non-existent). 

Even if you use the second bullet point to break out your own state's $$ from the other states, it is CRITICAL that the first bullet be set to Multiple States on a 1099-DIV.