topic My Federal pension is not transferring from Federal to State of Oregon in Retirement tax questions

My Federal pension is not transferring from Federal to State of Oregon

damplion — Wed, 17 Mar 2021 00:01:00 GMT

Federal pension (Code 307) on State of Oregon as an Other Subtraction is not working on the TurboTax 2020

Re: My Federal pension is not transferring from Federal to State of Oregon

BillM223 — Wed, 17 Mar 2021 23:59:15 GMT

Did you work any days for the federal government prior to October 1, 1991? If so, then you can put a percentage of the pension on Other Subtractions in Oregon.

If you did, then when you see the screen in the Oregon interview whose title is "Federal Pension Summary", you must Edit the pension.

When you edit the pension, you will have to enter the dates and or the points earned before and after this date.

TurboTax will use the dates or the points (it uses the points if you enter both) to calculate the percentage of pension that is deductible in Oregon.

Did you do this and still have no deduction as an Other Subtractions? If so, what was the amount of the pension, the dates you entered and/or the points you entered?

Re: My Federal pension is not transferring from Federal to State of Oregon

neilripsch — Thu, 18 Mar 2021 18:44:19 GMT

I receive a military pension with service before 1991 - and in the past I was able to enter those 22 years of service (360 months) on my Oregon state form. This year, I've noticed that my pension information from my federal form does not exist on the state form. Help?

Re: My Federal pension is not transferring from Federal to State of Oregon

neilripsch — Thu, 18 Mar 2021 21:22:16 GMT

I received a call from TT and they solved the problem. I had indicated “other sources” for my military retirement instead of “federal pension.” Once I selected federal pension I was able to see it presented in the Oregon document and I was able to edit the number of months I worked in the federal service prior to 10/1/91.

Re: My Federal pension is not transferring from Federal to State of Oregon

tonkal — Thu, 25 Mar 2021 21:37:02 GMT

""Federal Pension Summary", you must Edit the pension."

My problem is there is no Edit button to click ! So I can't list my military retired pay.

Allen

Re: My Federal pension is not transferring from Federal to State of Oregon

ReneeM7122 — Thu, 25 Mar 2021 22:22:57 GMT

To get the State pension deduction, you will first have to enter the necessary information in your Federal Income tax return and then in the State income tax return.

Here are the steps to enter your exempt pension:

On the Federal Income Tax portion:

In the search or find box, type in 1099-R
Click on Jump to 1099-R
Scroll down to Retirement Plans and Social Security
At IRA,401(k), Pension Plan Withdrawals (1099-R), click Start (or Update)
Enter your 1099-R or if you have entered it, click on Edit then Continue
Answer the next questions until you get to the Where Is This Distribution From? screen
Select the source [ ] and enter the information requested:
Click on Continue
Click on From a Qualified Plan
Continue answering the questions

On the State return portion:

At the Changes to Federal Income page, scroll down to Received retirement income, click Start (or Update)
At the Retirement Distributions Summary page, click on Edit State
If no additional information is required, click on Continue
Click on Done

Here is a TurboTax article about retirement and military pensions.

@tonkal

Re: My Federal pension is not transferring from Federal to State of Oregon

tonkal — Fri, 26 Mar 2021 01:36:51 GMT

ReneeM7122,

Thank you very much Renee. Fixed my problem.

Regards, Allen

Re: My Federal pension is not transferring from Federal to State of Oregon

KentA — Mon, 10 May 2021 09:38:10 GMT

I followed the steps to remove the check mark in my federal return that says 'not from a qualified plan.' When I returned to the Oregon return and reached the Federal Pension Summary page, there is no edit button and message is 'you haven't entered anything.'

Re: My Federal pension is not transferring from Federal to State of Oregon

jostdon — Thu, 23 Feb 2023 22:51:48 GMT

Tried every way I can think of to get an "EDIT" button. Where do I find that?

Re: My Federal pension is not transferring from Federal to State of Oregon

jostdon — Thu, 23 Feb 2023 22:54:12 GMT

I can not locate a "EDIT" button either

Re: My Federal pension is not transferring from Federal to State of Oregon

AbrahamT — Fri, 24 Feb 2023 19:33:58 GMT

Forget about EDIT button.

Here's what you do, recheck the original input on your federal return regarding the pension.

Make sure you have the state distribution amount in here

Hit continue, continue till you get to this screen, enter Arizona

then this

the next screen will ask you from a qualified or unqualified plan, select qualified

After your'e done with rentering all the input on the federal, you'll go into the state input

You'll get to the screen which asks you for Any Subtraction adjustments, you say yes

Click on the bottom at Do you have any other Subtractions that you haven't already entered, say "yes."

Then in the fedreal pension, under the Oregon column, you'll enter the 2,500 like this

Consequently, it should flow seamlessly to Form 40, Line 13 like this

It worked well for me so I wish the same for you.

Have a nice weekend!