Hi!
Here's my Bailey question. I'm getting an error flag on both my Federal and North Carolina "review" which states that the "Retire Ben Wks: Bailey-TP. Your total Bailey retirement benefits deduction cannot exceed $109,156., [note the extraneous '.'before the comma] the total of your total taxable pensions on your Federal return." The amount show as being claimed is $100,802 , which (a) is correct, and (B) appears to be the amount passed to the North Carolina File as the "Bailey Deduction". I cannot "pass" the reviews" because Turbotax seems to think $100,802 is larger than $109,156.
The last time I checked, $100,802 is indeed smaller than $109,156.
TurboTax does indeed seem to be passing the correct amount from the Federal to the North Carolina return, and the adjustment to my federal income is being calculated correctly.
Do you have any suggestions?
