treasury t-bill tax for California
Hi
My understanding is treasury t-bill purchased from platforms such as Schwab is NOT taxable in California. Am I wrong? If it is not taxable, how do I tell if it is not being taxed on form 540? I have already filed the tax return and would like to double check on this.
Turbotax premier added all t-bill income as taxable in California. Hope Turbotax is not mistaken.
thanks
David