Question
Walter received $375 of interest from a Colorado municipal bond. How should the municipal bond interest be reported on Walter's California return? Enter $375 on
Walter received $375 of interest from a Colorado municipal bond. How should the municipal bond interest be reported on Walter's California return?
Enter $375 on Form 540, line 14.
Enter $375 on Schedule CA (540), Part I, Section A, line 2b, column B.
Enter $375 on Schedule CA (540), Part I, Section A, line 2b, column C.
He is not required to report the municipal bond interest.
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The Process Approach Audit Checklist For Manufacturing
Authors: Karen Welch
1st Edition
0873896440, 978-0873896443
