On Turbotax Premier for Maine Taxes, I’m not sure what I am supposed to enter into the "Non-military Pension Income" on the Pension Income Deduction? Have Maine Public Emp Retirement Pension
On Turbotax Premier for Maine Taxes, I’m not sure what I am supposed to enter into the "Non-military Pension Income" on the Pension Income Deduction? Have Maine Public Emp Retirement Pension
Enter all of your Pension Income and IRAs, etc., from your non-military1099-Rs. The maximum pension deduction in Maine is $45836 per recipient for 2024, but that deduction is reduced by the amount of Social Security/Railroad Retirement benefits received.
TurboTax will automatically reduce your qualifying pension income by the amount from Social Security/Railroad Retirement to arrive at your pension deduction.
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