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Iowa-- pension exclusion for 2023

Iowa is now an AGI state for 2023, so there were lots of changes to tax software.   As of 2/5/24 (and I downloaded IA today), it looks like the IA Pension Exclusion is not working.  The Pension Exclusion Worksheet is not correctly footing and carrying to Schedule 1, Line 7.  

 

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Accepted Solutions
DaveF1006
Expert Alumni

Iowa-- pension exclusion for 2023

I checked my program and the pension exclusion seems to work fine for Iowa. My pension income is correctly posting in IA 1040, Schedule 1 Line 7. If you have the desktop/download version, you have the opportunity to manually record the amount in IA 1040 Schedule 1 Line 7 if you properly entered your pension information in your federal return. 

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2 Replies
DaveF1006
Expert Alumni

Iowa-- pension exclusion for 2023

I checked my program and the pension exclusion seems to work fine for Iowa. My pension income is correctly posting in IA 1040, Schedule 1 Line 7. If you have the desktop/download version, you have the opportunity to manually record the amount in IA 1040 Schedule 1 Line 7 if you properly entered your pension information in your federal return. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Iowa-- pension exclusion for 2023

Thanks.   As of 3/7/24, the download version still is not posting this properly.   I was able to manually insert the adjustment on the Schedule 1.  

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