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nalim38
New Member

I am receiving RMD from TIAA-CREF. Can I claim exclusion for this amount under North Carolina Bailey exclusion since I worked at Univ of NC which is a state university?

 
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TomD8
Level 15

I am receiving RMD from TIAA-CREF. Can I claim exclusion for this amount under North Carolina Bailey exclusion since I worked at Univ of NC which is a state university?

This reference details the Bailey rules for UNC retirees:  http://www.dor.state.nc.us/practitioner/individual/directives/pd-00-1.html

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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TomD8
Level 15

I am receiving RMD from TIAA-CREF. Can I claim exclusion for this amount under North Carolina Bailey exclusion since I worked at Univ of NC which is a state university?

This reference details the Bailey rules for UNC retirees:  http://www.dor.state.nc.us/practitioner/individual/directives/pd-00-1.html

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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