SP teachers retirement distributions were entered on your Fed 1099-R. Enter the amount for which GA taxes were already pd due to Fed/GA tax law diff from '87-'89. Help?

[k-d-weeks]

This popped up when Turbo Tax was checking my state--Georgia--return. Where would I find this information on my 1099-R? Or did I do something wrong on my Federal return that led to the difficulty.

[DoninGA · Accepted solution]

Between July 1, 1987 and December 31, 1989, Georgia did not adopt conformity to federal law regarding deductions for contributions to the Teacher Retirement System of Georgia.

Georgia allows a subtraction from your retirement income equal to the contributions made from July 1, 1987 through December 31, 1989 that were not deductible by Georgia.

The purpose of this adjustment to Georgia income is to allow a one-time deduction, as retirement plan distributions are received, of previous nondeductible plan contributions.

The current year subtraction from income cannot exceed the current year taxable retirement distributions received. The total subtractions from income cannot exceed the total retirement contributions that were nondeductible for Georgia, but deductible on your federal return from July 1, 1987 through December 31, 1989.

If you were a Georgia resident for those years and contributed to the retirement fund during those years then you can subtract the contributions made from July 1, 1987 through December 31, 1989 that were not deductible by Georgia from the retirement income reported on the current year Georgia tax return.

This information is not on the Form 1099-R.  If you do not have this information and are eligible then contact the retirement plan administrator.

[k-d-weeks]

Thank you! Yes, I did contribute throughout that entire time. Your explanation clarifies what the issue is and what to do about it.