1099 div

[ajkrebel]

Box 11 Exempt interest entered amount, res state-entered-, percent-entered-, auto calculates amount then flashes the box red?

[SteamTrain · Accepted solution]

@ajkrebel 

Figure it out?  (Only possible in Forms Mode using Desktop software.)

Until all % add up to 100, you'll have a red box.  For an NC resident

State...%......$$

NC.....2.1 

PR......1.3 

XX......96.6    (edited...apparently I can't add to 100 either)

[dramrani]

If you have an amount in Box 11 from a mutual fund or money market account that invests in more than one state, you can scroll to the very last choice in the drop down box entitled "State" and select "Multiple states."  It took me 3 hours and 3 live chats before I stumbled on this by accident.

[SteamTrain]

@dramrani 

Yep...this is a very Old post transferred from some OLD system form years ago...and only refers to breaking out the individual state involved for some "potential" state tax reduction..

"More than one state"...or "Multiple states" as the selection is usually easiest, since the break-out usually results in little advantage, unless the person has carefully invested, primarily in their own state's bonds.