Retirement tax questions
You are able to view the subtraction on Maryland state income tax form 502SU here.
You can print or view your full tax returns prior to filing after you have paid for the software.
- View the entries down the left side of the screen at Tax Tools.
- Select Print Center.
- Select Print, save or preview this year's return.
In TurboTax Deluxe Online, I am able to report the Maryland Income Tax Subtraction for Military Retired Pay.
I am reporting the taxpayer age over 55 who was Active duty military and reported such under My Info.
The retirement distribution was designated as a non-qualified plan and as Active or reserve military retirement.
Within the Maryland state income tax return, I reported as You served on active duty in the military.
This Maryland website states:
Retired Service members under age 55 can subtract up to $12,500 of their military retired pay from their gross income before determining their Maryland tax. At age 55 this subtraction increases to $20,000.
Who is eligible for Maryland Income Tax Subtraction for Military Retired Pay?
This subtraction is available to retired Service members who are receiving military retired pay from an active or reserve component of the U.S. Armed Forces.
