How to enter 1099-INT or 1099-DIV tax-exempt interest in ProConnect Tax

Tax-exempt interest reported on a 1099-INT or 1099-DIV is entered on either Interest Income (1099-INT, 1099-OID), or Dividend Income (1099-DIV). This may be reported in Box 8 of Form 1099.

To enter federal amounts:

1. From the Input Return tab, go to Income ⮕ Interest Income OR Dividend Income.
2. Enter amounts in the Total Municipal bonds field. 
3. These amounts will flow to Line 8b of Form 1040. 

To enter in-state municipal bonds:

1. From the Input Return tab, go to Income ⮕ Interest Income.
2. Enter amounts in the In-state municipal bonds as a subset of the total entered in the total municipal bonds field.