Federal Home saving bond state deduction

2 replies
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The state of Ohio does not allow for any adjustments and I tried to create or modify my 1099-INT and Nothing works to allow the tax deduction on the state of Ohio.

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user17742809957Author

Level 2

I should have said Federal Home Loan Bank Bond state deduction

AmyC

Alumni - Intuit

The simplest solution is to return to the federal income and edit the 1099-INT. Take the savings bond interest out of box 1 and put it in box 3.

For example:

currently Box 1 $200, Box $0
your paperwork shows Savings bond interest $20
change to Box 1 $180, Box 3 $20

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Federal Home saving bond state deduction

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