Glenna
Level 1
01-13-2023
10:14 AM
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DE has begun allowing $12500 pension exclusion for under age 60 recipients. Has anyone figured out how to get the system to automatically deduct $12500 for under 60? I know there must be a magic button but I cannot find it.
Happy Tax Season 😁
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Level 15
01-13-2023
11:46 AM
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Don't know about DE, but most states you will probably have to make a manual entry, as ProSeries doesn't usually do things like that automatic
BobKamman
Level 15
01-13-2023
12:02 PM
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In Arizona, there is a place on the 1099-R input page to indicate with a one-letter code whether the pension is paid by state or local government; federal government; or military. If they haven't added that to the Delaware page, they should.