Why is Turbo Tax counting all of my 2024 Missouri public pension as taxable income?

[Rlankford]

The missouri program 

[TW7]

Missouri Public Pension Calculation on MO-A , Part 3- Section D "Total Pension and Social Security/Social Security Disability" is not correctly adding Line 5 (Section A), Line 9 (Section B) and Line 4 (Section C) on the most recent updated Missouri State Forms issued 1/30/25.  This error is causing my Public Pension on the MO-1040 Line 8 to reflect $0.  Which increases my taxes triple.  :( Come on Turbo Tax--you need to do a better job updating your forms.  Thank You!

[BoCoMoBM]

Yes, I finally spoke to customer service this morning and all they could say was, "We are aware and we are working on it." Mine (only income is PSRS) is computing the correct number in Section D, Part 3 but isn't transferring it to line 8, thus costing me $1,500. How could they not at least warn people to wait to file. Instead, many retired teachers will probably file and never know that they lost a lot of money.

[CatinaT1]

Here is an FAQ: Why is Form MO-A Section D calculating incorrectly? You can sign up here for updates.

[Rlankford]

I am having the same problem.  private pension is not be included.  Social Security works fine, but private pension does not.  I took a 2023 form for and put the data into a 2024 form, and a person who combined SS and Peers is less that SS max income, now faces a Missouri tax in the 2024 calculations.  PSRS, PEER, MOSERS AND OTHER PUBLIC MISSOURI RETIREMENT PROGRAMS NEED TO SEND OUT A BLANKET MESSASSAGE URGING TO RETIREES TO CHEKCK IN THEY USE TURTBO TAX OR OTHER PURCHASED PROGRAMS.

[dmwood]

Had this been updated in turbo tax yet?  

[Barb43]

No. Not yet.

[dmwood]

Thank you 

[Mike Hay]

I’m a retired Missouri teacher and had same problem with Turbo Tax.  Tried HR Block online return and it made about $2000 difference in my favor.

[elkins1846]

Turbo Tax still has an error in their calculations for public pensions as of February 5. I used Missouri on line calculating form to verify and spent 2 hours with a Turbotax rep only to get the response that maybe Turbotax doesn't have the latest update from Missouri and I should try again in 8 days. Turbotax software is not deducting any person at all.

[TW7]

I believe the update was made today.  My tax return seems to have been corrected with the most recent update.

[nichols3776]

Anyone else know if this has been fixed yet or gotten notification it has been fixed?  

[Rlankford]

As of this morning, Feb. 5, it is now working as it should.

[Rlankford]

As of the update last night, it is now working correctly on my Turbo Tax.

[Barb43]

yes working here as well. It is now corrected.  Happy Filing!