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Returning Member

US savings bond interest not subject to Md state tax

In turbo tax for  MD state, I can't find a place to enter the interest accrued from redeeming US savings bonds. My understanding is that the US savings bond interest is NOT subject to MD state taxes. Do I pull up form 502SU and enter it directly under AB?

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Level 15

US savings bond interest not subject to Md state tax

If you entered the savings bond interest, in the federal section, in box 3, at the 1099-INT screen; the deduction automatically transfers to the state return.