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state of CT pension exclusion
I am under the age of retirement and under the threshold of $75,000 for the CT state pension exclusion. This is usually a deduction for CT residents. MY 1099-R has a distribution code of 1 ( early withdrawal). The software is still deducting the pension money I took out of the account. Is this correct?
I would think I would have to pay taxes to the state considering I am not of retirement age but I do not see any stipulations regarding age.
any suggestions?
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‎January 23, 2025
8:41 AM