Skip to main content
February 11, 2025
Question

I did not get a reduction in income after following the prompt to enter tax exempt income from US Government securities on a 1099 from

  • February 11, 2025
  • 1 reply
  • 0 views
a mutual fund company.

    1 reply

    SusanY1
    February 23, 2025

    US government securities income is exempt from tax on your state return.  You will see the reduction there, if a state return is prepared or filed.  If you are not seeing the reduction on your state return, please let us know in which state you file a return.  

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"