I'm working on my 1099-DIV (from Betterment) and it's asking me to choose the state where your tax-exempt dividends came from. Where do I find that information?

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1 Best answer

New Member

Jun 5, 2019 10:43:41 PM

You have 2 options:

1) You can usually find the state on more detailed info sent from your financial provider. Contact them if you don't have this paperwork.

2) If you can't find the information your statement, you can select More than one state and Continue if you:

Live in a state with no income tax (AK, FL, NV, SD, WA, WY)
Live where exempt-interest dividends from other states aren't taxed (District of Columbia, IN)
Have a small amount of exempt-dividends and aren't concerned with extra state tax. Your state will tax these dividends if you don't live in an area listed above.

New Member

Jun 5, 2019 10:43:41 PM

You have 2 options:

1) You can usually find the state on more detailed info sent from your financial provider. Contact them if you don't have this paperwork.

2) If you can't find the information your statement, you can select More than one state and Continue if you:

Live in a state with no income tax (AK, FL, NV, SD, WA, WY)
Live where exempt-interest dividends from other states aren't taxed (District of Columbia, IN)
Have a small amount of exempt-dividends and aren't concerned with extra state tax. Your state will tax these dividends if you don't live in an area listed above.