- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
My understanding is that NY state/local pension exclusion is not limited to 20K. It is not state taxable, period. What works for me on 1099R (after much trial and error) is:
Box14 - leave blank
Box15 - leave as is
Box 16 - make it 0.
Also check the NY Pension/Annuity worksheet to make sure everything is as it should be.
ā€ˇFebruary 6, 2021
7:01 PM