Does Turbo Tax account for the Virginia Military Retirement Income change for 2022? It is reduced on first $10,000 for retirees over 55.

[pbafire]

they did fix the problem.  it used to error if you were under age 55 (va ammended it to all ages for this year forward).  that was the original problem w TTax.  And yes - you still have to 'work through' the sections on the state tax tab, and click the areas you'd wish to work/review.  It is now 'working as designed' but no it is not 100% foolproof with some flipping through each screen.

[RichN]

Given the newness and significant benefit, it would really be great if there was a prompt for Virginia tax payers asking if any of your income is military.

[BillM223]

RichN

   TurboTax does ask if your retirement income is military, but it doesn't do it in the state interview but in the screens after you enter the 1099-R. If you have already entered your state of residence (in Personal Info), when you enter the numbers from the 1099-R, As appropriate, TurboTax asks you what the source of the retirement income is, so that it can be handled correctly on the state level.

It seems that a lot of taxpayers skip right over this.

@RichN