Quantcast
Channel: Bogleheads.org
Viewing all articles
Browse latest Browse all 6337

Personal Finance (Not Investing) • Federal Farm CR Bks Bond interests showing up in Box 1 instead of Box 3

$
0
0
I do this every year, I have the Fed Farm CR bank bonds in Fidelity as well as several money market funds with various amounts of tax free interest. This first thing you have to do is look up your State rules for the Bonds. In Virginia I think these Fed Farm CR are indeed state tax free. I add all these state tax free amounts up, and then if I recall TurboTax/Virginia gives me a place to enter the amount exempt to be subtracted from the reported interest/dividend totals. If you live in Virginia I can get the details

Statistics: Posted by TBillT — Sat Mar 02, 2024 5:31 pm — Replies 7 — Views 204



Viewing all articles
Browse latest Browse all 6337

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>