You'll need to sign in or create an account to connect with an expert.
You will see the way to enter this only if the taxpayer is between 55 and 65 (65 or over, there is a larger exclusion that takes precedence).
Go to the Maryland interview in TurboTax, navigate to the screen entitled "Here's the income that Maryland handles differently" and look at subheading "Retirement". Click on "Retired Law Enforcement, Fire, or Rescue Pension" and enter the amount of your pension here.
Note that it will be limited to $15,000. It will appear on line "rr" on form 502SU.
The Hometown Heroes Act allows "retirement income to qualify for the State pension exclusion if the individual is at least 55 years old and the retirement income is attributable to employment as a law enforcement officer or as fire, rescue, or emergency services personnel of the United States, the State, or a local jurisdiction. Emergency services personnel include emergency medical technicians and paramedics. " See http://www.bcfpers.org/2018/01/28/hometown-heroes-act/
You will see the way to enter this only if the taxpayer is between 55 and 65 (65 or over, there is a larger exclusion that takes precedence).
Go to the Maryland interview in TurboTax, navigate to the screen entitled "Here's the income that Maryland handles differently" and look at subheading "Retirement". Click on "Retired Law Enforcement, Fire, or Rescue Pension" and enter the amount of your pension here.
Note that it will be limited to $15,000. It will appear on line "rr" on form 502SU.
The Hometown Heroes Act allows "retirement income to qualify for the State pension exclusion if the individual is at least 55 years old and the retirement income is attributable to employment as a law enforcement officer or as fire, rescue, or emergency services personnel of the United States, the State, or a local jurisdiction. Emergency services personnel include emergency medical technicians and paramedics. " See http://www.bcfpers.org/2018/01/28/hometown-heroes-act/
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
davels
New Member
myth_23-yahoo-co
New Member
user17729139211
Returning Member
user17729139211
Returning Member
jonesgreg5751
New Member