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TurboTax will deduct the taxable amount of, Railroad Retirement benefits received under the provisions of the Railroad Retirement Act, on Form D-400 Schedule S,
Note: You can only deduct supplemental benefits paid by the railroad under the provisions of the Railroad Retirement Act. If you were an employee of a railroad company and received a distribution from the company's retirement plan, this amount does not qualify for the deduction because it was not paid under the provisions of the Railroad Retirement Act. Please view the North Carolina link below for more information about how your retirement benefits are subtracted.
https://www.ncdor.gov/social-security-and-railroad-retirement-benefits
TurboTax will deduct the taxable amount of, Railroad Retirement benefits received under the provisions of the Railroad Retirement Act, on Form D-400 Schedule S,
Note: You can only deduct supplemental benefits paid by the railroad under the provisions of the Railroad Retirement Act. If you were an employee of a railroad company and received a distribution from the company's retirement plan, this amount does not qualify for the deduction because it was not paid under the provisions of the Railroad Retirement Act. Please view the North Carolina link below for more information about how your retirement benefits are subtracted.
https://www.ncdor.gov/social-security-and-railroad-retirement-benefits
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