Taxing Pensions For Michigan Residents

I HAD A PROBLEM WITH TURBO TAX CALCULATING OUR TAXABLE AMOUT FOR OUR PENSIONS. ACCORDING TO THE RULES OF MICHIGAN, OUR PENSIONS SHOULD NOT BE TAXED. I NEED SOMEONE TO HELP ME WITH THIS. THE CALCULATIONS SHOWED WE OWE $780!

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Answer #1: Posted by goldicat on February 2nd, 2012 1:00 PM

goldicat

Member since:
February 2nd, 2012

Points: 90

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Check the info you entered from your 1099-R - the state Turbo Tax will show a Schedule 1 for the pension exemption. I don't remember if that info comes from what you entered in the federal part or there is another place in the state Turbo Tax where you enter more info - it may be the code you first enter from your 1099. Good luck!

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