Retirement tax questions

Sabrina,

Thank you for your response! A couple of notes:


1. The maximum was $10K in 2023. In 2024, it was doubled:

  • "Bill Summary: The subtraction modification may not exceed:
    •  $10,000 for tax year 2023;
    •  $20,000 for tax year 2024;
    •  $30,000 for tax year 2025;
    •  $40,000 for tax year 2026; and
    •  $50,000 for tax year 2027."

2. My confusion (if I didn't misread something) stemmed from the pre-written help on the TurboTax page, which advised me that I could claim the credit through the state return dialog in TurboTax. Good to know that it is being done behind the scenes, but it would be better if this credit were actually listed with the others and pre-selected by the system upon completion of the federal return.

Thank you!

Amy