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Level 1
April 16, 2026
Question

why doesn't turbox tax for North Carolina accept my total Bailey retirement benefits deduction?

  • April 16, 2026
  • 1 reply
  • 108 views
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1 reply

SteamTrain
Level 15
April 16, 2026

@user17762690865 

 

A few other people had this issue too.

 

Their solution was that the two letter code "NC" had to be entered in box 15 of that particular 1099-R form.

Go back and edit that 1099-R to make sure NC is in box 15 on that form.....and that you did select Bailey Settlement on the follow-up page.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*