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Level 3
posted Dec 11, 2021 7:55:44 AM

Why doesn't the "earned in other states" amount of federally tax exempt dividends carry over to my NY state return? Had the same problem last year.

I needed to use the "Investment Adjustment" for U.S. obligations (which is not technically correct) on my state return to get the correct result.

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1 Replies
Level 15
Dec 11, 2021 6:39:46 PM