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New Member
posted Feb 15, 2020 12:58:39 PM

Where do I enter non-Ohio state or local government interest and dividends on the Ohio state return?

Tax-exempt income is usually entered on the Ohio Schedule A, but there is no entry this year?

0 2 1075
2 Replies
Level 15
Feb 15, 2020 1:12:21 PM

You enter it in the Federal section of TurboTax.

If your mutual fund company provided you a breakdown, you are only interested in your home state*. Multiply the % for your state by your total tax exempt dividends to get a $ amount (you can't enter the % in TurboTax [TT]). When asked which state, check the box "I earned tax exempt dividends in more than one state". In the drop down menu, select Ohio and enter the $ amount you calculated. In the 2nd box, select "More than one state" (at the bottom of the scroll down list) and enter the remaining dollar amount.

*Your state will tax all the dividends except the dividends from municipal bonds  from your state.

 

 

New Member
Feb 18, 2020 1:16:30 PM

Thanks for the reply.  I have done exactly as you outlined more than 20 times, with no success. The fund gives me the exact % for Ohio.  My drop down choice:  "Multiple states, not a choice of 'more than one state'".  I have calculated and entered the bond fund correctly for more than 10 years, but this year the data does not correctly transfer to the Ohio state return, no matter what I do.  I have decided to file Ohio independently, as it allows me to enter the correct numbers directly.  Thanks, again.