I am included in the Bailey Settlement/Why am I now Paying North Carolina tax

[john114nc]

I have been using Turbo Tax for a number of years. Heretofore I have not payed any North Carolina State Income Tax. Why now in 2018?

[HelenC1]

Please see the two screenshots I added.

[HelenC1]

In TurboTax, edit your Bailey eligible 1099-R: 

If a 1099-R form was Bailey-Eligible...did you indicate that when you entered that 1099-R in the Federal section?

• IF you indicated "Bailey Settlement" there, then it has been  so marked and considered so in the NC section.
• IF you didn't do that, then you need to go back to the 1099-R entry and EDIT it, then continue through the pages that follow to mark it as Bailey..

Note: The Bailey Pension does not affect your NC refund or amount due. 

Original answer posted by SuperUser

[Edited 3-18-2020|10:17 am PST]

[longterm43]

Need an answer for this year...things have changed!!!