Tax help for military filers
In TurboTax Deluxe Online, I am able to report the Maryland Income Tax Subtraction for Military Retired Pay.
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.
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 Military retirement or military survivor's benefit.
Within the Maryland state income tax return, I reported as You served on active duty in the military.
