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What state tax return are you using that has the military retirement exclusion?
Georgia. Thank you
The Georgia military retirement exclusion is a tax break you can get when you have military retirement income and you are under 62 years old. This only applies to qualified military retirement income.
Georgia Tax Exemption for Military Retired Pay: Retired service members are eligible for the following state tax exemptions on military retired pay:
Is this not right? I found this on line on a military site
All Georgia residents between the age of 62 and 64 are eligible for Retirement Income Exclusion of $35,000
All Georgia residents age 65 or older are eligible for Retirement Income Exclusion of 65,000
The military retirement income exclusion only comes into play if you are under the age of 62.
At age 62 or older then All retirement income can be excluded up to the limits posted.
Of course, if you are marrried, and you are 69 years old...and the 17k exclusion is still being applied...
then
....if your spouse is under age 62, perhaps you accidentally indicated that 1099-R is hers, and not yours.
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