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After you file
Your state return can be amended using the steps in the link below for 2023 and 2024. You will have to use TurboTax Desktop and begin with the federal even though you are not changing or amending that return.
After you enter the 1099-R, TurboTax will ask you ''Where is this distribution from?''. As long as you select the 'Bailey settlement' button, TurboTax will apply the deduction to your NC state return automatically.
Note: IRAs are not Bailey eligible. IF it was an IRA, then you can't claim Bailey Settlement for that distribution.
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‎February 17, 2026
1:46 PM