Feedback on Tax-Exempt Dividends Entry

Please consider adding a "U.S. Possessions" drop-down menu selection in the tax-exempt dividends section. Vanguard's 1099 Consolidated report does not itemize the tax-exempt dividends for each U.S. possession instead lumping them all together under "U.S. Possessions". With TurboTax, I must now enter the tax-exempt dividends for all U.S. possessions under one of the U.S. possessions that I choose because no "U.S. Possessions" choice exists. This isn't technically correct but doesn't affect my state return because my state treats tax-exempt dividends from all U.S. possessions the same.

669

Level 15

Mar 2, 2025 1:53:18 PM

I could go either way on that....

The listings most brokerages use is to list each US Territory separately, so folks tend to calculate them separately anyhow.

I guess a few might just give a total % US possession or US Territories listing....and, usually 95% or more of that is just Puerto Rico anyhow.

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Feedback on Tax-Exempt Dividends Entry