I'm a NYS retired employee. My income from the NYS retirement system is non-state-taxable. When I fill out the 1099-R information in Turbo tax box 12 should be prefilled with the word "EXEMPT", and when I complete my state return I should see a credit for the full value of my two pension incomes for the year. This is the way it has worked for the past 10 years. Now Turbo Tax tells me I am responsible for paying a RMD for my pension, and my state return adds the total of my recorded pensions to my taxable income.
This is a gross error. Please fix this this bug!
