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Question

US Treasury interest

Forum|Forum|2 years ago
January 30, 2024
1 reply
0 views

I received a 1099 that reports US Treasury obligation interest on line 3. I enetered it on a 1099 INT tax form. Where do i indicate this is state tax exempt?

Employee

Simply entering the interest in box 3, at the 1099-INT screen tells TurboTax (TT) that the interest is state tax exempt (in all states). TT will automatically deduct (adjust) it on the state return.