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January 27, 2022
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My state deductions summary shows a retirement payment of $2000 but the amount should be zero. I've answered "zero" to the retirement contributions questions in the fed section, so I don't know why this mistake is occuring. How can I correct?

  • January 27, 2022
  • 1 reply
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    Best answer by FangxiaL

    If you have paid into any of the retirement systems listed below during the tax year 2021, those contributions are deductible up to a maximum of $2,000:

    • Amount paid to Social Security (FICA)

    • Medicare

    • Railroad

    • U.S. or Massachusetts Retirement Systems

    TurboTax automatically calculates the $2,000 deduction based on MA state tax law and the data you entered in Turbo Tax. 

    1 reply

    January 27, 2022

    Can you clarify which state you are referring to and what type of retirement payment the $2,000 is for (contribution or distribution)? 

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    DMT11Author
    January 27, 2022

    This is for my Massachusetts filing, which is showing a summary that includes a retirement contribution of $2000. But I have no idea why. I went back to my federal info and made sure that I'd put in "zero" for retirement contributions.

    FangxiaLAnswer
    January 27, 2022

    If you have paid into any of the retirement systems listed below during the tax year 2021, those contributions are deductible up to a maximum of $2,000:

    • Amount paid to Social Security (FICA)

    • Medicare

    • Railroad

    • U.S. or Massachusetts Retirement Systems

    TurboTax automatically calculates the $2,000 deduction based on MA state tax law and the data you entered in Turbo Tax. 

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"