Get your taxes done using TurboTax

..........make sure your $$ from your Military Retirment 1099-R is being deducted from NC income

 

One of two ways.

 

When you enter your military retirement 1099-R, there is a follow-up page where you have selections to make:

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1)  IF you had to select the US Armend Forces selection, the pension $$ may not be removed immediately....finish all your Federal entries, then go thru the NC interview...there is an area there where it asks about your military retirement $$ and you enter the box 2a value from your 1099-R to remove the $$ from NC income at that point.

 

2)  IF you were eligible to select the Bailey Settlement selection, then the $$ listed in box 2a of the 1099-R are removed from NC income automatically.

 

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