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gacaple
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Arkansas State Income Taxes - Error in TurboTax Calculation for Pension Plans (1099Rs)

Just received a note from the State of Arkansas Department of Finance and Administration (AR DFA) indicating that a $6,000 exemption for Primary employer pension plan/Qualified IRA(s) was not taken on my taxes.  I opened Turbo Tax to AR1000F line 18A/18B and there is a note that the taxable amount is Less $6,000.  TurboTax did not reduce the Taxable amount by the $6,000 prompting AR DFA to revise my taxes.  You may have other customers where this issue arises.   See screen capture below:

 Screenshot 2024-07-04 152832.png

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