@Stacks21 wrote:
I was told the exact same thing from NYSLRS. In years past I did receive a 1099-R indicating no federal taxes withheld. Do not know why they no longer send out a 1099-R?
If you have anything that is counted as a pension, you should get a 1099-R. Maybe it is online and you need to download it. Your New York State pension is still fully taxable to the federal government (IRS) and must be reported on your federal tax return. NYS pensions are tax-free on your New York State tax return, along with the first $20,000 of any non-NYS retirement income (such as a pension from a private company, 401k or IRA). But you must enter the 1099-R for federal taxes and turbotax will do the state adjustment for you.
