LenaH
Employee Tax Expert

Retirement tax questions

The taxable amount on your NYS return should be the total of your 1099-R distributions less the $20,000 exclusion

 

Please keep in mind that if you are married, both spouses are eligible for the $20,000 for a maximum of $40,000.  If your spouse had less than a $20,000 1099-R distribution, then the exclusion would equal the amount of the distribution. 

 

@wjr

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