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Level 2
posted Feb 17, 2023 8:33:07 AM

Bailey Settlement

I've incorrectly filed my wife's eligibility for the Bailey Settlement in NC since she retired from Federal Service in 2019.  This designation only affects the state taxes.  Do I have to file amended federal and state returns?  Or can I just file amended NC State returns?

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1 Replies
Expert Alumni
Feb 17, 2023 9:16:53 AM

You can file just the amended NC state return to claim the Bailey Settlement exemption for retirement income.

 

To file an amended return for just the North Carolina return, follow the steps for your TurboTax product:

 

If you only need to make specific changes to your state return, select your product below and follow the instructions.

TurboTax Online

TurboTax CD/Download

Processing times for amended state returns vary from state to state. If it's been more than 12 weeks since you filed your amended state return and you haven't heard anything, we suggest you contact your state tax agency.