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Level 2
posted Jan 9, 2025 6:53:35 AM

Turbotax doesn't account for the change in Virginia that military retirees under the age of 55 can now take the $30,000 exemption in 2024. Anyone else seeing this issue?

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18 Replies
Level 15
Jan 9, 2025 7:06:02 AM

The 2024 Virginia forms and schedules will not be finalized until 01/16/2025 in TurboTax.

Go to this TurboTax website for federal and state forms availability - https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product=Turbotax_online&bu=cg

Level 15
Jan 9, 2025 7:06:23 AM

There are still a lot of updates that will occur to the federal and state forms during the next several weeks.  Quite a few VA forms are not expected to be ready until 1-16 at the earliest.  Be patient and check for updates.

Level 2
Jan 11, 2025 1:50:42 PM

I came here to ask the same question. Thanks!

Expert Alumni
Jan 15, 2025 9:59:24 AM

To check the status of forms availability, please use the tool in that link.   You can search for both federal and state form updates.  @Jenintoano 

Level 2
Jan 17, 2025 8:04:10 AM

The link shows all Virginia forms are now available, but Turbotax still incorrectly has the 55 age limit for the military retiree tax exemption.

Level 1
Jan 20, 2025 6:16:54 AM

This is still not fixed, When will this be fixed?

Level 2
Jan 20, 2025 6:25:26 AM

They probably won’t fix it until they receive thousands of complaints, or lose thousands of customers. @Turbotax, pleaseeee FIX THIS!!

Level 2
Jan 20, 2025 6:27:46 AM

This still has not been fixed. There is NO age restriction for military retirement deduction for Virginia filer's. Any idea when will this be fixed?

Level 2
Jan 20, 2025 6:28:17 AM

This still has not been fixed. There is NO age restriction for military retirement deduction for Virginia filer's. Any idea when will this be fixed?

Level 2
Jan 21, 2025 3:10:20 PM

So frustrating! @DawnC @DoninGA @xmasbaby0 

Expert Alumni
Jan 22, 2025 12:58:18 PM

Thank you for reporting your experience. We are currently investigating the issue and will provide updates as soon as possible.

Level 2
Jan 22, 2025 1:04:55 PM

Thank you so much! I also emailed the state tax collector to report the issue. Hopefully it’s resolved soon.

Level 2
Jan 22, 2025 2:43:42 PM

Looks like it's finally working properly! @Jenintoano @rsd1232 

Level 2
Jan 22, 2025 3:15:31 PM

Awesomeeee!!  Fantastic news.  Thanks for sharing!

New Member
Mar 20, 2025 9:45:32 AM

Trying to get my taxes done and TurboTax is not allowing me to deduct the $30k from military retirement.  I see that you’ve cracked the code — do you mind sharing how you were able to fix?  I’m not seeing it.  Thank you!

New Member
Mar 20, 2025 9:48:41 AM

Level 2
Mar 20, 2025 11:00:02 AM

TurboTax fixed the Virginia State tax error after it was brought to their attention. I had to delete and start a new return, then it worked fine.

Level 2
Mar 21, 2025 7:49:11 AM

Once TurboTax enabled the deduction, I didn't have to do anything special. It went from saying the deduction wasn't available because I was under 55 to asking how much I wanted to deduct. I thought it was odd that it asked how much to deduct instead of determining that for me, but it worked regardless.