I am answering questions for my NC Retirement income. I qualify for the Bailey state deduction. It is asking what the NC distribution is. Do I list my total income?
You want to enter the income that qualifies for the exclusion- the exclusion applies to retirement benefits received from the State's 401 (k) and 457 plans if the retiree had contributed or contracted to contribute to the plan prior to August 12, 1989.
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