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posted Mar 17, 2024 1:08:28 PM

inputing data from 10699-div, line 12 into TT program

on my 1099-div line 12 the amount includes income from "A Specified Private Activity Bond" and various states.  When allocating the monies to various states how do i input the portion attributed to the Specific Private Activity Bond?

 

0 1 474
1 Replies
Level 15
Mar 18, 2024 3:41:40 AM

@jbk3912 

I'm not sure there was ever a way to do that.

 

But, thinking about it,  I don't think the states care whether they were Private Activity or not....the sub-part of those box 12 $$, that are showing in box 13.....they only have a potential effect on Fed taxes.

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And make sure when you do allocate the box 12 $$ to the states, make sure you only indicate $$ for your own state, any US territories, and all the rest are lumped together as a single "More than one state"  (or "Multiple States" if using the Online software).

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Example: for an NC resident:

 

NC:.......................................$111

PR:........................................$222

"More than one state".......$888