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Retirement tax questions
There is a major issue with TurboTax and NYSLRS pensions which was first reported in June 2020! At this point they haven't fixed it but they actually made it worse. It appears that the so called TurboTax support experts don't understand and don't want to understand that NYSLRS entire pension amount is exempt from NY taxes. The TurboTax programmers made changes to the online version recently, which I hope they don't think they fixed the issue of the $20,000! The change they made does not allow us to enter the entire amount of our NYS pension as a deduction from NYS taxes!
See the following tread;
‎February 18, 2021
1:53 PM
11,274 Views