Hello, My wife and I are at the age that we can take Michigan deductions on retirement incomes. For 2023, I have a pension distribution and a Traditional IRA to Roth conversion, and my wife has an inherited IRA distribution. In the TurboTax state tax module for Michigan, on the input screen that says "Retirement Income and Pension Summary" (the info was transferred from the Federal module to the State module when I input the 1099Rs?), the pension has a code P (from private source or IRA), Roth conversion has a code C (Roth conversion), and the inherited IRA has a code N (some other pension subject to MI tax). Since the inherited IRA is an "IRA", I changed the code from N to P. However, TurboTax changed it back to code N and excluded the inherited IRA distribution from the deductions. So for Michigan, is inherited IRA not qualified for retirement income deductions? Or did I input it to TurboTax incorrectly?
