Josephine1
Level 1
yesterday
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
hi - how to I indicate the t-bill interest is state tax exempt, thanks
Level 11
yesterday
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Ugh, that's the worst. What I do is manually go into the 1099-INT screen for that same payor, decrease the regular interest by the market discount amount, increase treasury interest by the market discount amount, and make a bunch of notes.