Skip to main content
1040 States
Search
Search UltraTax CS Support Help and Support.

This article applies to:

  • Product: UltraTax CS
  • Return type: 1040 Individual
  • State: All states,Alabama,Alaska,Arizona,Arkansas,California,Colorado,Connecticut,Delaware,District of Columbia,Florida,Georgia,Hawaii,Idaho,Illinois,Indiana,Iowa,Kansas,Kentucky,Louisiana,Maine,Maryland,Massachusetts,Michigan,Minnesota,Mississippi,Missouri,Montana,Nebraska,Nevada,New Hampshire,New Jersey,New Mexico,New York,North Carolina,North Dakota,Ohio,Oklahoma,Oregon,Pennsylvania,Puerto Rico,Rhode Island,South Carolina,South Dakota,Tennessee,Texas,Utah,Vermont,Virgin Islands,Virginia,Washington,West Virginia,Wisconsin,Wyoming

Tax credit bond interest

Interest income from tax credit bonds issued by certain states is exempt from state income tax to the extent that the income is included in federal adjusted gross income. You can designate qualifying bond income by entering the tax credit bond amount in the
Interest income
, the
State postal
 code, and
State Use
 code fields in the
Interest
 statements on the federal
B&D
,
K1
, or
K1T
 screens. If the
State Use
 code isn't available for the state you entered, it doesn’t qualify for the exemption.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close