The exclusion appears to be working in my mock return. You might first review the qualifications for the exclusion:
- You were 65 or older or totally disabled, or your spouse was totally disabled, on the last day of the tax year; and
- You included on your federal return income received as a pension, annuity or endowment from an "employee retirement system." Please note that these include qualified defined benefit and defined contribution pension plans, 401(a) plans, 401(k) plans, 403(b) plans, and 457(b) plans.
- A traditional IRA, a Roth IRA, a simplified employee plan (SEP), a Keogh Plan or an ineligible deferred compensation plan does not qualify.
With these in mind, if both of you and both of your pensions meet the qualifications, go back to the "Retirement" topic and verify the entries including the follow question that identifies a qualified plan.
Revisit the MD state interview and "Edit" the income section and "Edit" the "MD pension exclusion" topic. You should see the breakdown of the exclusion. Remember your social security is also subtracted from the maximum allowable exclusion for each of you.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
