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Retirement tax questions
If your income has not be excluded in your return, try these steps.
- Log into Turbo Tax
- Select the State Taxes tab on the left side of your screen.
- As you navigate through the screens, you will see a screen that says changes to federal income.
- Look under the heading Wage and Retirement Adjustments
- The first entry below that will say Received Retirement income.
- You will make entries in this section that will determine the full taxability of your NY pension.
- Answer the questions on each screen
- On the screen titled Governmental Pension Exclusion enter the taxable amount to exclude from the NY return. Here is where you would enter the full amount of your retirement distribution.
- The next screen will show you the Pension Deduction Summary
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‎February 8, 2021
4:56 PM