Discussion ongoing
NC Retired Member of Uniformed Services deduction
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.
