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    How do I handle Exempt Interest Dividends when I don't know what state munis are in the muni fund?

    DaniK
    Level 2
    ‎12-07-2019 04:05 AM

    I would like to just mark the interest fully taxable for the client's state (it's a small amount) but I'm unsure what to put in that box and it comes up an error.  What has everyone else done?

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    IRonMaN
    Level 15
    ‎12-07-2019 04:05 AM

    On the interest line on schedule B, enter XX as the state code.


    Slava Ukraini!

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    9 Comments 9
    IRonMaN
    Level 15
    ‎12-07-2019 04:05 AM

    On the interest line on schedule B, enter XX as the state code.


    Slava Ukraini!
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    DaniK
    Level 2
    ‎12-07-2019 04:05 AM
    Thank you! If I did have the breakdown, is there another spot to put the percentage that's state exempt too?
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    IRonMaN
    Level 15
    ‎12-07-2019 04:05 AM
    Just use two lines - one for state exempt and one for not exempt.

    Slava Ukraini!
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    DaniK
    Level 2
    ‎12-07-2019 04:05 AM
    I really don't know why I never think of that.  Thank you!
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    IRonMaN
    Level 15
    ‎12-07-2019 04:05 AM
    You betcha!
    You would be surprised to know all of the things I think of.  Mostly totally useless thoughts ----------------- a lot of anvils to the head will do that to you :smile:

    Slava Ukraini!
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    DaniK
    Level 2
    ‎12-07-2019 04:05 AM
    You need to be careful, you can't regrow brain cells!  
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    IRonMaN
    Level 15
    ‎12-07-2019 04:05 AM
    But you can buy them from ACME - cheap.  But then again, maybe that is part of my problem.

    Slava Ukraini!
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    DaniK
    Level 2
    ‎12-07-2019 04:06 AM
    They might blow up.  Just sayin'.  Can't trust stuff from ACME.
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    IRonMaN
    Level 15
    ‎12-07-2019 04:06 AM
    Now someone tells me :open_mouth::open_mouth:

    Slava Ukraini!
    0 Cheers
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