Hi Kathryn,
On schedule ADJ/CG of the Virginia state tax return the amount in line 1 under additions, which is interest on obligations of other state, does not tie to the non-Virginia tax exempt interest amount that I entered in Box 8 of Form 1099-DIV. I think the amount that is being added to my Virginia State income is too high based on my calculations. However, TurboTax does not permit me to amend the amount on schedule ADJ/CG of the Virginia Form. How is this add back to state income amount calculated by TurboTax? Does TurboTax deduct a portion of the bond premium expense to calculate the amount to add back to Virginia State income?
Thank you,
Judy
