Kansas 2011: IRA Rollovers and State Retirement Exclusion
Kansas taxpayers may deduct certain federally taxable pension income from their Kansas income. Pension income not taxed at the federal level may not be deducted from Kansas taxable income.
Certain customers, who received a Kansas deduction for an IRA rollover that was not taxable on their federal return, may have filed an incorrect Kansas tax return.
TurboTax has fixed this issue.
How to tell if you may be impacted
You may be affected if ALL of the following are true:
- You filed a 2011 Kansas Income Tax Return prior to February 18, 2012 AND
- You received a Form 1099-R distribution that you rolled over, tax-free, to a qualified plan AND
- The distribution was not included on federal Form 1040, Line 15b or 16b AND
- You had an amount on Kansas Schedule S, Line A12
If you are affected, you may have underpaid your Kansas state tax. You will need to amend your Kansas state tax return.
You can make the corrections yourself.
- To do it yourself, please follow these step-by-step instructions.
- After you make the changes to your tax return, you will need to mail a copy of your amended state return.
- Your printed return will include instructions on how and where to mail it.
- If you need assistance, call us at the phone number in the email.
Or let us do the work for you.
- Please download and print this Authorization Form.
- Complete the form and fax it to us at the number printed at the top of the form.
- A TurboTax representative will contact you (within 15 days) when your corrected return is ready to be securely emailed back to you.
- You can print, sign, and mail the corrected return to the state taxing authority.
If you need to contact us, please use the phone number in the email from TurboTax and tell the representative you’re calling about the Kansas 2011: Retirement Exclusion.