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?
You'll need to sign in or create an account to connect with an expert.
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 $$, that are showing in box 13.....they only have a potential effect on Fed taxes.
_________________________
And make sure when you do allocate the box 12 $$ 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).
______
Example: for an NC resident:
NC:.......................................$111
PR:........................................$222
"More than one state".......$888
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
764e7eb4771c
New Member
48908d580c30
New Member
ruppll
New Member
margie-e-rice-gm
New Member
sharpecookie
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.