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April 5, 2025
Question

$7.47 of exempt interest dividends from a tax exempt municipal money market fund. Interest was paid from all 50 states. Do I need to enter the percentage from each state?

  • April 5, 2025
  • 1 reply
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1 reply

LindaS5247
April 6, 2025

No, when you enter your Form  1099-DIV, you can do the following:

 

  1. After entering your Form 1099-DIV, you will see a screen that says "Tell us more about your exempt interest dividends"
  2. Click on the box that says "I earned exempt-interest dividends in more than one state"
  3. Under "State" click on the drop down menu and scroll to the bottom and select "Multiple States"

 

Click here for "Where Do I Enter Form 1099-DIV in TurboTax Online?"

 

Click here for Dividends and Taxes: An Intro Guide

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