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SauceDonkey
Returning Member

Does U.S. obligations include other states or only gov bonds? (For: "is any of this interest from funds with less than 50% of their assets invested in [your state] and U.S. obligations"

if this got cut off in the title, the turbotax prompt line is:

 "is any of this interest from funds with less than 50% of their assets invested in [your state] and U.S. obligations?"

 

the fund in question is totally  100 % invested in the various U.S. states.     But only a few percent invested in my state.   So in the past I've answered NO, I'm less than 50% invested in my state and U.S. obligations.    (believing it was talking about federal government bonds when it said "U.S. Obligations".   

 

so, do the States count as U.S. obligations or not? 

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1 Reply
SauceDonkey
Returning Member

Does U.S. obligations include other states or only gov bonds? (For: "is any of this interest from funds with less than 50% of their assets invested in [your state] and U.S. obligations"

okay, solved.   

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