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December 27, 2022
Question

How do I exempt my 100% of my Military Retirement 1099-R for the state of Nebraska. The law changed, but it does not appear to be correct in turbo tax

  • December 27, 2022
  • 1 reply
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1 reply

rjs
Employee
December 27, 2022

According to the TurboTax forms availability tool, the Nebraska forms are currently expected to be available on January 26. (That date could change.) Until then, any Nebraska forms that you see in TurboTax are incomplete and are not ready to be used, so you can't draw any conclusions from them. Wait and see whether it works when the forms are officially available.

 

When will my individual tax forms be available in TurboTax?

 

February 8, 2023

I don't understand where we are on this. It is 2/8 and the exemption field is blank. It does not appear the Nebraska Turbo Tax forms are updated.

 

Does the Nebraska form automatically import my military retirement pay from the DFAS (Defense Finance and Accounting Service) 1099-R for my retirement pay? 

DMarkM1
February 8, 2023

Yes, once you enter the form 1099-R in the federal interview it is included in your Federal Adjusted Gross Income which transfers to your NE return.  You can exclude 100% of that military retirement pay from NE tax.   

 

  1. Go to your NE state return
  2. "Update" the "Adjustments" section  
  3. Click through to the "Adjustments Decreasing Federal Income" page 
  4. Locate the box for Military Retirement Pay Exclusion  
  5. Enter the amount of your military retirement pay from box 1 of your 1099R      
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