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TurboTax reports $2,000 deductible for Retirement Payments on my Massachusetts State return. I did not contribute to a retirement account in 2015.
This seems incorrect. Did I incorrectly input something during my Federal return?
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TurboTax reports $2,000 deductible for Retirement Payments on my Massachusetts State return. I did not contribute to a retirement account in 2015.
A taxpayer may claim a deduction for the amount contributed in the taxable year to FICA (Social Security payroll tax) or a Railroad Retirement Plan, or to a U.S. or Massachusetts Retirement fund up to $2,000. If married filing joint, each spouse may claim up to $2,000 of his or her own contributions.
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TurboTax reports $2,000 deductible for Retirement Payments on my Massachusetts State return. I did not contribute to a retirement account in 2015.
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TurboTax reports $2,000 deductible for Retirement Payments on my Massachusetts State return. I did not contribute to a retirement account in 2015.
A taxpayer may claim a deduction for the amount contributed in the taxable year to FICA (Social Security payroll tax) or a Railroad Retirement Plan, or to a U.S. or Massachusetts Retirement fund up to $2,000. If married filing joint, each spouse may claim up to $2,000 of his or her own contributions.
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