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L
LING488
March 21, 2025
Question

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

  • March 21, 2025
  • 1 reply
  • 0 views
interest earned from T bill is tax free in CA? how do I make the adjustmet?

    1 reply

    M
    MayaD
    March 21, 2025

    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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