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June 7, 2019
Solved

TurboTax reports $2,000 deductible for Retirement Payments on my Massachusetts State return. I did not contribute to a retirement account in 2015.

  • June 7, 2019
  • 2 replies
  • 0 views
This seems incorrect. Did I incorrectly input something during my Federal return?
Best answer by SweetieJean

A taxpayer may claim a deduction for the amount contributed in the taxable year to FICA (Social Security payroll tax)  or a Railroad Retirement Plan, or to a U.S. or Massachusetts Retirement fund up to $2,000. If married filing joint, each spouse may claim up to $2,000 of his or her own contributions. 

http://www.mass.gov/dor/individuals/filing-and-payment-information/guide-to-personal-income-tax/dedu...

2 replies

Employee
June 7, 2019
comment deleted. See answer.
Employee
June 7, 2019

A taxpayer may claim a deduction for the amount contributed in the taxable year to FICA (Social Security payroll tax)  or a Railroad Retirement Plan, or to a U.S. or Massachusetts Retirement fund up to $2,000. If married filing joint, each spouse may claim up to $2,000 of his or her own contributions. 

http://www.mass.gov/dor/individuals/filing-and-payment-information/guide-to-personal-income-tax/dedu...