Answered: Is military retirement taxable in NC? (I'm from PA where retirement income isn't taxable) If it isn't all taxable, how do I enter in Lacerte?

daisymoose · ‎12-07-2019

sjrcpa · ‎12-07-2019

Its taxable - or mostly taxable. Read the NC instructions for the Bailey subtraction. I'm not sure if there is still also a retirement subtraction.

The more I know, the more I don't know.

sjrcpa · ‎12-07-2019

Its taxable - or mostly taxable. Read the NC instructions for the Bailey subtraction. I'm not sure if there is still also a retirement subtraction.

The more I know, the more I don't know.

Is military retirement taxable in NC? (I'm from PA where retirement income isn't taxable) If it isn't all taxable, how do I enter in Lacerte?