I recently received a letter from NYS saying I was being audited due to an issue with pension/annuity income. After speaking to NYS taxation they informed me that the amount they see is higher than it should be, as only my spouse is retired and receives retirement income and that is when we figured out my direct rollover got counted as taxable income. I then called turbo tax and spoke with an expert who tried to walk me through amending my return, only to discover that everything I entered was done so correctly and I even had box 7 code G selected, indicating it was a direct rollover but the software or something is happening where it continues to add the rollover amounts into me and my spouses taxable income for both federal and state……??? Sorry for the long response but that’s the crux
