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August 27, 2019
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Schedule B -- Form 1099-INT (EDWARD JONES): State ID for Box 8 in which the interest was earned should be entered for EDWARD JONES. If more than one state, see Help. State ID for Box 8. I don't understand just what TT is talking about.

  • August 27, 2019
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Best answer by Anonymous_

The interest is tax-exempt - municipal bond - interest which is generally not subject to federal income tax. The interest is, however, taxable in most states with certain exceptions (some states try not to tax certain bonds issued in their state).

 

Regardless, the relevant information should appear on your 1099 from Edward Jones. If all else fails, you should be able to select "More Than One State" from the dropdown list.

1 reply

Employee
August 27, 2019

The interest is tax-exempt - municipal bond - interest which is generally not subject to federal income tax. The interest is, however, taxable in most states with certain exceptions (some states try not to tax certain bonds issued in their state).

 

Regardless, the relevant information should appear on your 1099 from Edward Jones. If all else fails, you should be able to select "More Than One State" from the dropdown list.

April 12, 2022

where is the drop down?  I only see "see help if more than one state"

Employee
April 12, 2022

Go back to the Interest on 1099-INT section. Go all the way through the screens and then scroll down when you see the dropdown box.

 

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