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Maine Pension Income Deduction
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JD Mason
Level 1
02-23-2024
01:13 PM
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Is the information for the Maine Pension income deduction supposed to flow over from the entry of the 1099-R or is manually entered in the State return? One would think that it should flow over seamlessly, as long as it is eligible, but I am not finding this to be the case.
Any insight is greatly appreciated.
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Skylane
Level 11
02-23-2024
02:02 PM
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Maine does not tax military pensions. On the 1099R worksheet there is a State use code cell... I don't do Maine returns but in NJ, using code M will prohibit the military pension from transferring to the State return as taxable. Otherwise, you can probably drill down on the pension income line to a worksheet that will let you exclude it.
If at first you don’t succeed…..find a workaround
