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Retirement tax questions
The $$ you enter for the Bailey Retirement Benefits deduction during the NC interview...it cannot exceed the box 2a value of the 1099-R form that you indicated qualified for that deduction in the Federal 1099-R entry section.
.......(or the Federally taxable amount of box 1 if box 2a is empty or Undetermined)
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But I'm extrapolating what you may have done...as I haven't figured out how to get that error to show up....or was this an actual NC efile Rejection notice.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎February 4, 2023
2:36 PM