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Michigan Pension Deduction Worksheet not let me proceed with qualify covid withdrawal 401k. TT not updated to handle state returns with covid 401k withdrawal?
I took out of my 401k as a qualified covid withdrawal. The federal portion went fine while filing as they had to figure out how to e-file the new form, which it appears TT was able to do. I am currently filing my state taxes and it wants me to review the Pension Deduction Worksheet: Federal Amount. It pre-populated the amount I took out from my 401k, but it doesn't accept that amount or any other amount that I put in. Do you think TT just isn't up to date, or the state of Michigan hasn't finalized their rules for how to deal with qualified covid withdrawals? Thanks.
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March 2, 2021
6:22 AM