How do i take my ct. teachers retirement tax deduction?

Taxpayers can subtract part of the income they received from a pension or annuity if the taxpayer’s federal AGI is less than:

• $75,000 for single filers, married taxpayers filing separately, and heads of households; and
• $100,000 for married taxpayers filing jointly. ( Sec. 12-701(a)(20)(B)(xxi), G.S.)

The subtraction amount is:

• 14% of pension or annuity income included in federal AGI for the 2019 tax year;
• 28% of the income included in federal AGI for the 2020 tax year;
• 42% of the income included in federal AGI for the 2021 tax year;
• 100% of the income included in federal AGI for tax years beginning after 2021. ( Sec. 12-701(a)(20)(B)(xxi), G.S.)

For more Information

To enter your CT Teacher’s Retirement Tax Deduction please follow these steps:

1. Open TurboTax
2. On the left panel select “Prepare State.”
3. Continue.
4. Select Start/Continue.
5. If you are just starting your State return, TurboTax will ask for your Retirement amount.
6. If you have already started, the screen “Here’s the income…” will appear.
7. “Teacher’s Retirement Pay will be in the first section, select Edit.
8. On the screen, “any Taxable Teacher’s Retirement Pay?” enter your income.
9. Continue.