mappp
Level 4

My previous post, I think, is correct in how the police/EMT pension deduction should work. Subtraction would be figured in Section A, Form 4884.  I suspect that there needs to be a new code for the police subtraction rather than using the "G" for government.  That subtraction is figured in Section D on Form 4884.  MI is in the process of reverting to the previous method of not taxing a large amount of pension dollars ($120K+ MFJ and $61K single).  They are spreading this change out over 4 years.  MI does allow more than one kind of subtraction - currently military and railroad pensions are not taxed.  And, yes, MI is very convoluted in anything they do with taxes.  Their website leaves a lot to be desired.

Intuit has obviously dropped the ball and any MI return with police or EMT pensions will have to be held until Intuit corrects the software.

Does anyone have any info on when the software correction will occur?

0 Cheers