You should receive a 1099-R from the NY State Teacher Retirement System.
To enter it in TurboTax, please follow these steps:
- Click on Federal > Wages
& Income.
- Scroll down to the Retirement
Plans and Social Security section and click on the Start/Revisit box
next to IRA, 4701(k), Pension Plan Withdrawals (1099-R). [See
Screenshot #1, below.]
- If you've already entered one (or
more) 1099-Rs, you will see a screen Your1099-R Entries. Click
on the link Add Another 1099-R. [Screenshot #2]
- If you haven't already entered a
1099-R, you will see the screen, Your1099-R. Click Yes and
then Continue.
- You can either import your 1099-R
or click on the I'll type it in myself box. [Screenshot
#3]
- If you select to enter the
information yourself, continue through the screens, answering the
interview questions.
- After entering the 1099R, you will come to a screen, Where Is This Distribution From? mark the radio button next to New York State and City Education and click Continue. [Screenshot
#4] This will ensure that the distribution is treated properly on the NY return.
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