Now...if you are talking about 2016 taxes....and you qualify, then you have to edit the 1099-R and make sure you ave selected the "Bailey settlement" on the followup questions in the Federal section...."IF" you qualify. The NC Distribution noted on the same page must not be a zero...it has to be the same as box 1 on the 1099-R.....that number has to be there so that the NC form knows how much to remove from NC income.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
