topic Michigan Pension Deduction Worksheet not let me proceed with qualify covid withdrawal 401k. TT not updated to handle state returns with covid 401k withdrawal? in Retirement tax questions

Michigan Pension Deduction Worksheet not let me proceed with qualify covid withdrawal 401k. TT not updated to handle state returns with covid 401k withdrawal?

czwag — Tue, 02 Mar 2021 14:22:39 GMT

I took out of my 401k as a qualified covid withdrawal. The federal portion went fine while filing as they had to figure out how to e-file the new form, which it appears TT was able to do. I am currently filing my state taxes and it wants me to review the Pension Deduction Worksheet: Federal Amount. It pre-populated the amount I took out from my 401k, but it doesn't accept that amount or any other amount that I put in. Do you think TT just isn't up to date, or the state of Michigan hasn't finalized their rules for how to deal with qualified covid withdrawals? Thanks.

Re: Michigan Pension Deduction Worksheet not let me proceed with qualify covid withdrawal 401k. TT not updated to handle state returns with covid 401k withdrawal?

Dadiman81 — Tue, 02 Mar 2021 21:42:04 GMT

I too would like an answer as I'm having the exact same issue.

Re: Michigan Pension Deduction Worksheet not let me proceed with qualify covid withdrawal 401k. TT not updated to handle state returns with covid 401k withdrawal?

Kaspersgirl2 — Sat, 06 Mar 2021 15:15:17 GMT

Me too! Very frustrating, can we get an answer TT????

Re: Michigan Pension Deduction Worksheet not let me proceed with qualify covid withdrawal 401k. TT not updated to handle state returns with covid 401k withdrawal?

TontoJ — Wed, 10 Mar 2021 12:57:07 GMT

Having the same issue still. I read elsewhere it would be ready to file 3/10, but still cannot this morning. Very frustrating delays this year