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March 27, 2025
Question

I HAVE FHLB INTEREST INCOME INCLUDED IN STATE RETURN BUT SHOULDN'T BE; HOW DO I FIX THIS?

  • March 27, 2025
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    1 reply

    SteamTrain
    March 27, 2025

    @ORREDWINGFAN 

     

    Depends on what state you are talking about.  Some state interview menus have a state income "adjustment" area for subtracting that interest.

    __________________

    If Oregon??? Read this:

    Oregon: deducting federal agency bond interest

    ____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*