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New Member
posted Jun 6, 2019 5:12:24 AM

MA Income and Deductions Summary shows a $2000 retirement payment that i did not make

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1 Best answer
Level 7
Jun 6, 2019 5:12:26 AM

MA allows a limited deduction for your contribution to Social Security, Medicare, railroad retirement, or a US or MA government retirement plan.

For example, SS and Medicare tax reported on your W-2 would be automatically applied to this deduction. Look at your W-2. If Social Security and Medicare taxes were withheld (boxes 4 and 6), you have contributed to a "retirement plan".

1 Replies
Level 7
Jun 6, 2019 5:12:26 AM

MA allows a limited deduction for your contribution to Social Security, Medicare, railroad retirement, or a US or MA government retirement plan.

For example, SS and Medicare tax reported on your W-2 would be automatically applied to this deduction. Look at your W-2. If Social Security and Medicare taxes were withheld (boxes 4 and 6), you have contributed to a "retirement plan".