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Dale421
New Member

Does anyone know if the maryland state turbo tax has been programed to make the 15,000.00 pension exclusion upon transferring the feds return?

 
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DMarkM1
Employee Tax Expert

Does anyone know if the maryland state turbo tax has been programed to make the 15,000.00 pension exclusion upon transferring the feds return?

There is a MD pension exclusion of up to $34,300 if you are age 65 or older or totally disabled.  That exclusion is automatic in the MD interview assuming the birthdate in the My Info section shows age 65 or older or you have selected "Disabled" and then entered a qualifying Form 1099-R  in the "Income" section. 

 

Here is a link with the details on the MD pension exclusion

 

Here is the page you will see in the MD interview showing the exclusion.  

 

 

 

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