Please clarify your question.
- What do you mean by Line 1. Box 1 of 1099-R is Gross Distribution?
- Federal and New York state government pensions and military retirement pay are tax-exempt.
- do you fit into these categories?
- For those 59½ or older, the first $20,000 of retirement income (from a corporate pension, an IRA, a 401(k) account or another retirement plan) is tax-exempt
- If you are married, each spouse is eligible for the $20,000 exclusion, for a total of $40,000.
- What is your additional question?
Please contact us again to provide some additional details.
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