For any 1099-R received by a NC resident of retirement age.......if the retirement plan issuing the 1099-R was from a US Govt or Military retirement system, or an NC state Retirement system, then it's possible that it is not taxable by NC....but ONLY if you were in that retirement system 5 years before 12 Aug of 1989....That's the Bailey Settlement selection. Otherwise it's None of the above.
(the other two selections probably shouldn't show up at all. SS/RR forms are entered elsewhere, and I think eligibility for Falkenbury ended years ago, and again is just an NC state retirement system thing)
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
