- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
I think the way to work around is to change the distribution code from 2 (early withdrawal with exceptions) to 7(normal distribution). When I did that the ms tax was backed out and the federal tax stayed the same. So I ended up paying taxes on federal but not state for the PERS amount. DIACLAIMER!! I’m no tax pro so choose this solution at your own risk.!!
February 8, 2021
1:13 PM