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1099-R NC VESTED AS OF 8/12/1989. DISTRIBUTION MADE FROM PENSION. DISABILITY BENEFITS NON TAXABLE IN NC.

MY INCOME COMES FROM A DISABILITY PENSION FROM FAULKENBURG SETTLEMENT OR  NC TEACHERS' STATE EMPLOYEES' RETIREMENT SYSTEM.  THE INCOME IS TAXED BY FEDERALGOV'T BUT NOT NC STATE GOV'T.  THE SOURCE THAT I SEE ON TURBOTAX IS BAILEY SETTLEMENT UNDER SOURCE FOR PERSONAL INCOME.  IS IT NOW BAILEY INSTEAD OF FAULKENBURG.   THERE USE TO BE A BOX FOR FAULKENBURG SETTLEMENT.  WHAT HAPPENED?  HAS IT BEEN ROLLED OVER INTO BAILEY?  MY 1099-R HAS "NC VESTED AS OF 08/12/1989"  TYPED ON IT. 

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1 Reply
AmyC
Employee Tax Expert

1099-R NC VESTED AS OF 8/12/1989. DISTRIBUTION MADE FROM PENSION. DISABILITY BENEFITS NON TAXABLE IN NC.

The Bailey update sounds like you are covered under it. There is nothing under Adjustments that describes your situation other than Bailey.

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