VA changed the law and the military benefits subtraction is no longer subject to age of 55 or more. When will TurboTax update the software to allow the subtraction.

posted

@weirjp99

VA forms are not expected to be ready until after 16 January.

Go thru the entire process again on the 17th.

I don't know exactly where it will be entered though...some states have it entered where you enter the 1099-R in the Federal section, then transfer the proper amounts/removal to the state section. Some states do it as part of the State interview......so check both areas after 16 January.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*