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CP01
Level 3

Exempt-interest dividends

Hi,

Please confirm if I'm answering the below correctly as I questions wording seems confusing.

1099-Div form #8. Foreign Country or US Possession shows Various, #14-16 has no information. If I remember correctly TT used to have one option to either specify the state or to pick Multiple States. Now it's asking the following:

I earned exempt-interest dividends in only one state (has a drop down to pick a state or multiple states) - would I pick this just want to make sure I'm doing it right.

I earned exempt-interest dividends in more than one state (if I check this it's asking for each state and amount)

 

Thanks

 
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2 Replies
DawnC
Employee Tax Expert

Exempt-interest dividends

Yes, choose the first option (even though it doesn't make sense) - I earned exempt interest in only one state and then choose Multiple States to actually select ''various''.

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CP01
Level 3

Exempt-interest dividends

Yes, it's confusing. Thank you for confirming. 

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