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LING488
New Member

where to enter CA adjustment for interest earned from treasury bill?

interest earned from T bill is tax free in CA? how do I make the adjustmet?
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1 Reply
MayaD
Expert Alumni

where to enter CA adjustment for interest earned from treasury bill?

You don't need to make any adjustment for amount received on form 1099-INT box 3. When you enter your 1099-INT, TurboTax will automatically include that amount in CA adjustments. It is included on line 14 of your California 540 form. 

California Adjustments – Residents  

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