turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

sehgalx28
New Member

Alabama 1099-R income is Alabama state tax exempt. Then why it is listed as income in Alabama Form-40, in Part I - Line 5b?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
IreneS
Intuit Alumni

Alabama 1099-R income is Alabama state tax exempt. Then why it is listed as income in Alabama Form-40, in Part I - Line 5b?

To indicate that your AL pension is exempt from AL taxes, please follow these steps:

  1. As you go through the AL return, you will see a screen, About Your Retirement Distributions.
  2. Click Edit next to your retirement distribution.
  3. On the screen, Alabama Special Handling of This Distribution, if your retirement is included in the list, click the Yes box to indicate that the distribution is not taxed by AL.
  4. You will be brought back to the screen, About Your Retirement Distributions.  You will see that there is a zero (0) entry in the AL Taxable Pensions/IRAs column.
  5. If you need to select another plan, click Edit next to that plan and perform the same steps.  If not, click Done.


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies