Illinois 1040 line 2 not populating correctly in Turbo Tax

Forum|Forum|2 years ago
February 3, 2024
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I have completed my 2023 Federal 1040 on Turbo Tax and am working on my 2023 Illinois 1040. Line 2 of the IL 1040 is "Federally tax-exempt interest and dividends from Federal 1040, line 2a". However, Turbo Tax is not correctly bringing forward the amount from my federal return into my IL return (federal has $3,922 and IL has $382). I brought up the IL 1040 input form in Turbo Tax to see if I could override the amount and I can't. I think there is something incorrect with your programming. Please help!

Mike9241

couldn't duplicate your error. could you tell us what forms and lines you used to enter the federal tax-exempt interest and what you put on those lines.

EBRNielsenAuthor

I received a 1099-DIV from Vanguard that included $3,922 of Exempt interest dividends (on line 12 of the 1099-DIV). I entered this amount on the Federal Turbo Tax input screen (input screen has "Let's get the details from your 1099-DIV or brokerage statement") in Box 12 (Exempt-interest dividends) on this input screen. My Federal 1040 out of Turbo Tax correctly shows $3,922 in box 2a of the form. However, when I look at my IL-1040 line 2, it has $382 and it should be pulling the $3,922 from line 2a of my federal 1040. I have no idea where Turbo Tax is getting $392 from, but it is not correct and there's not a way for me to change it. Appreciate you looking into this and I hope I provided the info you need to research it further.

JamesG1

Using TurboTax Desktop Premier, I am not able to duplicate your results.

If you are still experiencing this situation, consider deleting the 1099-DIV for and re-entering the form by typing it in rather than importing the document.

@EBRNielsen

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