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Level 2
May 21, 2020
Solved

delaware retirement error

  • May 21, 2020
  • 1 reply
  • 8 views

I have retirement income from DE but I live in PA. When I get to state taxes it wants me to put in PA retirement income which I don't have. I can't seem to get around it. I checked and the information is correct on my Federal return. Any thoughts?

 

Thanks,

Joe

    Best answer by DavidS127

    TurboTax is asking for your retirement benefits paid to you (from any source) as a PA resident.  Even though they are paid by DE, because you are a PA resident they are considered PA retirement income for you.

     

    Pennsylvania does not tax commonly recognized retirement benefits paid after you are eligible to retire.  So, TurboTax is trying to calculate the amount that of income taxed at a federal level, but not taxed by PA.  For you, that is the retirement income paid to you by the DE source.

    1 reply

    DavidS127
    DavidS127Answer
    Level 13
    May 21, 2020

    TurboTax is asking for your retirement benefits paid to you (from any source) as a PA resident.  Even though they are paid by DE, because you are a PA resident they are considered PA retirement income for you.

     

    Pennsylvania does not tax commonly recognized retirement benefits paid after you are eligible to retire.  So, TurboTax is trying to calculate the amount that of income taxed at a federal level, but not taxed by PA.  For you, that is the retirement income paid to you by the DE source.

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    Joe L1Author
    Level 2
    May 21, 2020

    Tanks for your quick help!