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California Municipal Interest Not Adjusted on CA 540

TOM HB
Level 2

I am entering 2960 as the dollar amount for "In-state municipal bonds" for a 1099-DIV with Box 12 equal to $2,960 (100% is CA).  The amount is not flowing through to the CA 540 as a subtraction from Federal income.  I tried switching the single state return to a multi-state return and CA is selected with no success.  Any ideas on how to get this to flow through?

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1 Comment 1
sjrcpa
Level 15

It shouldn't be included as income on the federal return so no CA subtraction is needed.


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