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April 14, 2022
Question

Retirement income was already taxed

  • April 14, 2022
  • 1 reply
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Where do I indicate exemption for retirement for Mass taxes, already paid

1 reply

April 14, 2022

To generate the exclusion, you need to edit the Form 1099-R information you’ve input in TurboTax Online:

  1. If you’re on the Hi TurboTax Client, let's keep working on your taxes! screen, click the Pick up where you left off button
  2. Click Federal in the left pane, if you’re not already there
  3. Click Income & Expenses in the banner
  4. Scroll down and click Show more to the right of Retirement Plans and Social Security
  5. Click Revisit to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R)
  6. Answer Yes on the Did you get a 1099-R in 2021? page 
  7. Select Edit to the right of your relevant distribution on the Review your 1099-R info
  8. On the Who gave you a 1099-R? page, check the Financial institution or other provider (1099-R) box, then select Continue
  9. Proceed through the screens until you get to the Where is your distribution from? page.  
  10. Select the box next to Qualified government retirement distributions.  This includes retirement income from military, OPM, and Massachusetts State Teachers Retirement System sources, and for police, firefighters, and judges.  Then, select Continue.

This should produce the exclusion on your Massachusetts return.
 

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