MarilynG1
Expert Alumni

Retirement tax questions

Yes, you are correct that your NY State Pension income is excluded from state tax.  Be sure you indicated you had a New York State Pension when entering your 1099-R in the Federal section ('Where is this Distribution From?'). 

 

Previously, some users reported that their full pension amount plus  20K was being excluded on their New York return (creating a larger, incorrect refund).

 

Click this link for more info on New York Pension Exclusion.

 

 

 

 

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