misskeiko
Level 4

Hello,

In CA, is out-of-state tax-exempt interest dividend added back to taxable interest? In Lacerte, I noticed one part of out-of-state tax-exempt interest dividend(which is transferred from Trust K-1) is added to taxable interest on Sch CA and another part is added to Ordinary dividend...I got a little confused. Where it is supposed to be added?

Another question is is there anyway to check why there is an addition for taxable dividend on Sch CA? II transferred K-1 and there is an addition for dividend. I want to understand where it comes from. I think it is probably about the out-of-state tax-exempt interest dividend. But not sure it is that number...

Hope someone can help me. Thank you!

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