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Virginia subtraction for federal obligations not working

Entering amount of federal obligations in dividend income shows up correctly in box 1a for the reporting entity 1099, but does not carry over to line 7 of form 760.  Why isn't it?

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2 Replies

Virginia subtraction for federal obligations not working

Is this a known issue?  Seems like a bug to me.

Virginia subtraction for federal obligations not working

Resolved with support that the entries for US government obligations interest that should be subtracted on VA 760 are not flowing through from the federal dividend entries as they should.  

Workaround:  Go to forms view and enter the total amount of subtractions directly on Virginia Schedule ADJ, line 4.

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