General Motors Pension coding for Michigan income tax filing - N or P?

[DLS59]

TT Premier coded my General Motors pension "N - if it is an other pension subject to Michigan tax." Should it be coded "P - if it is from a private source or an IRA?" My understanding is pensions from publicly traded companies are private.

[MaryK4]

Yes, if your employer provided the pension, it can be Code N.  

Under Michigan law, retirement and pension benefits include most payments that are reported on a 1099-R for federal tax purposes. This includes defined benefit pensions, IRA distributions and most payments from defined contribution plans. Retirement and pension benefits are taxable based on date of birth (see age groups below). Regardless of date of birth, the following are not taxed:

• US Military pensions
• Michigan National Guard pensions
• Social Security
• Railroad benefits
• Rollovers not included in the Federal Adjusted Gross Income (AGI)