"Federal Form 1099R Summary has my gross distribution amount on Line 26 with SM written next to it. Then it lists the taxable amount on Line 32."
May I assume that line 29 had the nontaxable amount that was calculated from the Simplified Method?
OK, on the Arkansas Retirement Exclusion Worksheet, what is on line 1d? This should be the taxable amount, not the gross distribution.
On the same worksheet, what are the amounts for 1a, 1b, 1c, 1d, 1e, what box is checked after 1e, and 1f?
Going back to the Step-by-Step mode, did you see a screen with the title "Pension, 401K or Annuity Distributions"? On the next screen, did you check off "Employer sponsored pension plan"? And on the next screen, did TurboTax present the Taxable Arkansas Pension and which amount was it, the gross or the taxable?
When you reply, please add @ BillM223 (without the space in between) so that I will be notified of your post. Thanks.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
