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Level 1
February 24, 2020
Question

Qualified pension plan???

  • February 24, 2020
  • 1 reply
  • 7 views

I believe my MN state retirement system pension is a qualified plan.  However, Turbo tax is telling me that I don't have to pay federal tax on that income.  Is that correct??  Or did I answer something wrong.

    1 reply

    ColeenD3
    Level 15
    February 25, 2020

    What is the taxable amount in Box 2a? What code is in Box 7?