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Level 1
posted Dec 30, 2022 6:19:21 PM

Did TurboTax receive information from South Carolina that they no longer tax military retirement income starting 2022 effective 11/10/22 & affects 2022 retirement income.

Law was signed on 11/10/22 exempting military retirement income from state income tax in South Carolina.  Affects all 2022 military retirement income.  Did TurboTax program this into their software?

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1 Replies
Level 15
Dec 30, 2022 6:22:03 PM

It will be eventually however most of the state programs are not fully functional yet and will not be until late January at the earliest.  Review the return and do not file until you see the new tax law in place and working.