Tax help for military filers

@Threerivers99 

 

No.  Bailey is still only for those 5-year vested in their State/Federal?mMilitary Retirment as of 12 Aug of 1989.

 

1)   For just the Military who do not meet that deadline...when you enter your 1099-R in the Federal section, you select the US Armed Forces Retirment button on a page following the main form:
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1099R_NC_2021.png

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2)  Then after you have entered everything possible in the Federal section (AND error checked), You go thru the NC Interview and the r is a place there to indicate the amount that was from the non-Bailey Military retirement....putting in the proper amount if not already displayed.

 

3)  Don't attempt to file NC for another week....perhaps wait until 7 March...a major update is coming Thurs or Friday of this week, but we don't know if it fixes all that is still wrong with NC software yet.

 

1099R_NC_Military_1.png

 

 

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*