Specifically, I believe the calculation for line 28b, Other Retirement Income Exclusion, is incorrect. The amount shown on the printed tax form is the sum of line 28a (Pension/Retirement Exclusion) and line 16a (Taxable Interest Income), which gives a Total Exclusion Amount that is much higher than it should be. I believe the only thing entered on line 28b should be the Taxable Interest Income from line 16a.
Please advise.
posted
January 31, 2025
6:29 AM
last updated
January 31, 2025
6:29 AM