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NC Retired Member of Uniformed Services deduction

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NC Retired Member of Uniformed Services deduction

PTFS

When code "M" is entered for the type of income for a Military Retirement pension, ProSeries determines the amount that qualifies as a deduction from NC taxable income.  This amount is posted in the totals area but is not carried forward to the summary area. When code "B" is used as the type the qualifying amount is posted in the totals area but is also carried forward to the summary area and subtracted from NC taxable income. Please consider an enhancement to have code "M" entries processed with the same functionality as code "B" so the preparer does not have to manually enter the qualifying amount in the the summary area to generate the correct calculation of the taxable income.  

Thanks for the enhancement for the qualifying amount of code M in Military Retirement pension to be carried over to the in the the summary area (like code B). We are changing the status to "Open for voting" since it has been around for over 30 days and no longer considered "New".

Continue to vote and comment on enhancements by going to the Idea Exchange Home page and select "Status": Open for voting, "Sort by": Most Popular. >> ProSeries Idea Exchange

If you have any questions on the life cycle of an idea, check out our Idea Exchange Getting Started Guide for more information.

Status: Open for voting
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IntuitGabi
Community Manager
Community Manager
Status changed to: Open for voting

Thanks for the enhancement for the qualifying amount of code M in Military Retirement pension to be carried over to the in the the summary area (like code B). We are changing the status to "Open for voting" since it has been around for over 30 days and no longer considered "New".

Continue to vote and comment on enhancements by going to the Idea Exchange Home page and select "Status": Open for voting, "Sort by": Most Popular. >> ProSeries Idea Exchange

If you have any questions on the life cycle of an idea, check out our Idea Exchange Getting Started Guide for more information.

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