Solved

TurboTax not transferring OOS interest from federal 1099-DIV form, box 11, to state return as an add-on

Forum|Forum|6 years ago
February 21, 2020
2 replies
0 views

I have federally tax-exempt interest. I have correctly entered the % from my state (Indiana, 2.33%, $42.22) and the balance as "more than one state", and they show up fine in two lines on the federal 1099-DIV worksheet (box 11). Why is TurboTax not transferring the balance as an add-on to my state?

Best answer by SteamTrain

Had a few other folks with a similar problem for other states taxes...maybe different fileds.

They forced a state update of the fields by.

Save the file.

Shut down TTX entrirely.

Restart TTX, and re-open the tax file.

______________________

IF that doesn't work...you could also try.

1) Delete that 1099-DIV and re-enter it manually. (don't import it if that was done initially)

or, last resort

2) Delete the IN tax return entirely, then restart it and run thru it's interview again to see what transfers with a fresh-full state data transfer from the Federal section

SteamTrainAnswer

Employee

Had a few other folks with a similar problem for other states taxes...maybe different fileds.

They forced a state update of the fields by.

Save the file.

Shut down TTX entrirely.

Restart TTX, and re-open the tax file.

______________________

IF that doesn't work...you could also try.

1) Delete that 1099-DIV and re-enter it manually. (don't import it if that was done initially)

or, last resort

2) Delete the IN tax return entirely, then restart it and run thru it's interview again to see what transfers with a fresh-full state data transfer from the Federal section

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

S

srschoolerAuthor

Thanks. Unfortunately, a fresh start of TTX didn't work.

Rather than either of your other alternatives, I'm considering using the Open Form option to create an IN Schedule 1, and entering the OOS interest on line 3 myself. It seems easier to me than either of the two possibilities you suggested. Is there any reason you recommend against that? And am I correct that the amount I should enter is the total for exempt-interest dividends less the state tax exclusion amount for IN?

SteamTrain

Employee

Well.......We suggest using forms Mode only as a last resort...99.5% of all entries need to be made in the interview.

1) I don't know if it is an open field on that on that Indiana form for your forced entry, or whether an override is needed to enter it yourself. IF an override is needed, you probably cannot e-file Indiana.

2) if you do enter it yourself, during some final status check/review, the actual numbers might transfer...and then they will be double-entered...your entry plus the proper transfer (but that depends on several factors....can't know what will happen).

___________________________

Before you do any of that, check the 1099-DIV form (in Forms Mode). Make sure "MX" is entered below the table where the dividends were broken up . at "State where the dividends were earned......" that line must be "MX" and not "IN". (only in the table itself do you use "IN' and "XX" ).

________________

I see no particular reason not to delete the entire IN form set and run thru the IN interview again from scratch...yeah, might be a bit of a pain, but it could still clear out any Fed-to-IN data transfer problems. Even if you don't do that, get into the IN interview, and run thru it's review and error check anyhow.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*