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Returning Member
posted Jan 11, 2023 10:59:13 AM

Interest Income That Is Federally Taxable But Exempt From CA Tax

Does anyone know how to get Turbo Tax to exclude interest income on taxable munis that are exempt from CA state tax?  Box 1 of 1099-INT gives that option for several states (ME, MD, MA, NH, NJ, TN, WV) but not for CA or others.  The same question applies to interest from certain government agencies (e.g., FFCB, TVA) that are Federally taxable but exempt from state tax ... but are not generally shown in Box 3 on the 1099-INT form.

0 3 839
3 Replies
Intuit Alumni
Jan 11, 2023 11:08:29 AM

For this information, please contact the Canada Revenue Agency at the telephone number found on this page:  Assistance by telephone.

 

Thank you for choosing TurboTax.

Returning Member
Jan 14, 2023 7:13:02 AM

Interested in U.S. taxation, not Canadian.  Know the proper U.S. tax treatment just not how to get it reflected on TurboTax forms. 

Moderator
Jan 15, 2023 9:58:42 AM

This is the support site for the Canadian TurboTax. For assistance with U.S. versions of TurboTax, please visit: https://ttlc.intuit.com/