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Retirement tax questions
@BillM223 continues to delete my replies so I will keep posting them here until they address this situation:
There are only 2 possibilities for what we are seeing this year with TurboTax asserting state retirees must pay taxes on their benefits in Mississippi prior to age 59.5:
1) Every year, prior to this one, TurboTax has calculated taxes for state retirees benefits in Mississippi INCORRECTLY and this year they suddenly have fixed the bug in their program so that the calculated taxes due are correct. (By the way this also means that every state retiree that did not pay taxes on their benefits prior to this year owes the state of Mississippi back taxes with penalty.)
2) Every year, prior to this one, TurboTax has calculated taxes for state retirees benefits in Mississippi CORRECTLY and this year they suddenly have a bug in their program so that the calculated taxes due are incorrect.
It can only be one of the above. Which is it TurboTax?
Regards