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lazlo23
New Member

How do I report tax exempt interest dividends from U.S. Possessions when U.S. Possessions is not listed in the drop down box?

 
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4 Replies

How do I report tax exempt interest dividends from U.S. Possessions when U.S. Possessions is not listed in the drop down box?

@lazlo23 

 

DID you find them?

....the ARE in the drop down box...starting AFTER Wyoming

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

How do I report tax exempt interest dividends from U.S. Possessions when U.S. Possessions is not listed in the drop down box?

Yes, I found the U. S. Possessions listed.  However, the 1099 tax document I received says "U. S. Possessions" and does not itemize which one(s).  "U. S. Possesions" is not a listing, so what do I do?

ToddL99
Expert Alumni

How do I report tax exempt interest dividends from U.S. Possessions when U.S. Possessions is not listed in the drop down box?

Unless you live in one of those U.S. possessions, just pick one from the drop-down menu (e.g. Virgin Islands).

 

The program only needs to know that the tax-exempt interest did not come from your state, because your state will not exempt interest paid on another state's obligations.

How do I report tax exempt interest dividends from U.S. Possessions when U.S. Possessions is not listed in the drop down box?

OK, thanks.  Very helpful.

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