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Retirement tax questions
The 401k income was reported in full on the OR 2020 return.
It's being reported by 1/3 each on the Federal 2020, 2021, 2022 returns (as allowed by the CARES Act).
So the problem then is I've got this rather large 401k distribution as part of my Federal AGI this year (and next) that I'm importing to my NY State return, but NY's tax form does not appear to provide a clear-cut way to exempt the distribution portion of my income from taxation (since I paid the tax on it in Oregon last year).
Is there a creative work-around that can be used to get this amount reported to NY without being taxed on it a 2nd time?
Any suggestions would be much appreciated. I am desperate for ideas.
‎February 25, 2022
5:33 PM