turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

1099-Div, a portion of dividends is U.S. Gov interest. I was prompted to enter interest amount. TX doesn't have state tax, do I till need to enter the amount?

1099-Div, a portion of dividends is U.S. Gov interest. I was prompted to enter U.S. Gov interest amount. I believe this is for state tax purpose. Since TX doesn't have state tax, do I till need to enter the U.S. Gov interest amount? If I do need to enter it, how to calculate the interest amount?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
AmyC
Expert Alumni

1099-Div, a portion of dividends is U.S. Gov interest. I was prompted to enter interest amount. TX doesn't have state tax, do I till need to enter the amount?

No, Texas means no worries about taxes. Federal obligations are tax free in every state. They are taxable on the federal return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question