Tax Exempt Interest
You can enter tax-exempt interest for state purposes on the federal
B&D
screen in the Income folder. Open the Interest income
statement and enter information in the following columns.- Payer
- Tax Exempt Amount
- In-State Muni % - Enter%in this column to indicate the portion of the amount entered in the Tax Exempt Amount column, if any, that is nontaxable to the integrated state.
- State = XX