What is the correct pension/annuity amount in Column E for California?
Using Turbo Tax and this is the only box that required a manual input. It was originally empty which shot up my refund by a lot. But I'm not sure if it's 0 or 50,000 in this case.
Took a TSP Federal 401k Taxable Distribution (1099-R) last year and had taxes of 10k withheld on it. I was living in CA during this time.
For some reason, Turbo Tax required me to fill this out as it was empty. There's a 50,000 in the first column for Federal but do I need put 50,000 in Column E as I filled it out or leave it empty?
Thanks
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1 Best answer
DaveF1006
Expert Alumni
Feb 6, 2024 11:16:18 AM
Yes, you would put $50,000 in Column E as well because this is taxable income in the State of California.
2 Replies
DaveF1006
Expert Alumni
Feb 6, 2024 11:16:18 AM
Yes, you would put $50,000 in Column E as well because this is taxable income in the State of California.