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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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OKLAHOMA EARLY RETIREMENT DISTR
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MelanieR53
Level 3
03-20-2021
03:31 PM
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Does Oklahoma not allow the 10,000 retirement exclusion when it's an early distribution?
Our software is not automatically excluding $10,000 when a 1099-R is a code 1. I cannot find a reason in the Oklahoma instructions for this. Is this a Pro-Series Issue? If so how can we fix this?
We have been overriding it.
Thanks!
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