If your 1099-R is code 2 where you retired younger than retirement age based on years of service, you have different steps to follow. Even if this is not the case for you, you can adjust the entry to match your situation. You may be able to skip federal and go to the MS instructions.
Tell the federal it is a regular pension:
When you went through the federal entry screen of the 1099-R, it asked questions and commented that with code 2 there was no extra penalty. It asked if you were a safety officer, what did you do with the money - cashed it, any periodic payments, yes- regular payments from this retirement account, payment start year, 2020 or before selection, describe the taxable amount, yes, box 2a is taxable amount.
Tell the state it meets the service requirements:
- Move to MS return:
- Proceed to the screen with the title Enter Any Other Income or Losses.
- Enter Service requirement pension adjustment and the amount of the distribution as a negative number.
@ssonwheels
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