Does Utah tax exempt military retirement pension? If so, why is it I don't see that in turbo tax?

Forum|Forum|4 years ago
January 24, 2022
2 replies
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TurboTax Deluxe Online

AmyC

Level 15

Credit, not exempt. The difference is in how it is reported. Utah requires you to enter your military pension. Then, Utah gives you a credit equal to the tax liability on the amount, not to exceed your tax liability. You can read more at Utah Military Pension Credit.

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catherineknausAuthor

Level 2

Why is it I don't see this credit? Nor does Turbo ask this question.

AmyC

Level 15

Turbo asks military questions throughout the program and moves it as needed. As long as you answered each military questions, the program would handle the Utah income. Please review your Utah tax return and look for code AJ under exemptions.

If you are using the online version:

go to Tax Tools,
then select Tools,
select View Tax Summary,
on the left side, select Preview My State
View your state return to see that the income is being taxed correctly.
If not, go back to the personal section and review answers and then go through the 1099 input screen.

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catherineknausAuthor

Level 2

Hi again,

I went thru everything again. I see no code AG and no credit on the tax summary. I can't actually view the TC -40 form just the state tax summary. My credit is not above the tax liability either. The program never asked me about this credit.

Thanks,

Cathy