Token Number 93O66313-6633O343
I believe that I have found the problem with the TurboTax’s miscalculation of Ohio uniform services Federal civil service pension deduction on the adjustment worksheet.
The formula calls for the number of years of military service divided by years of civilian employment multiplied by the Federal civil service pension attributed to military service.
The Ohio Tax Instruction booklet example of “Joe” would be:
10 divided by 30 times 90000 for an adjustment of 30000
I believe the programmer wrongly added the years of military service to the years of civilian employment before dividing into the years of military service.
Thus 10 divided by (10 + 30) times 90000 would equal 22500 rather than rather than the correct answer of 30000.
The error in the calculation of my adjustment is exactly the same:
Pension attributable to military service = 90554
Number of years military service = 8
Number of years of civilian employment times = 34
8 divided by (8 + 34) times 90554 would equal 17248 which is what TurboTax exactly miscalculated as my deduction.
The deduction should be 8 divided by 34 times 90554 for a true deduction of 21306 which is a difference of over 4000 dollars.
I hope the programmers can quickly fix this error and push a corrected forms package to the 2024 Ohio TurboTax program and incorporate the change in all future TurboTax versions. I need this update in order to file an amended Ohio return.
