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Retirement tax questions
During the federal interview in TurboTax you will need to indicate that it's a New York State Teacher's Retirement, after you enter the 1099-R. Make sure to choose that your distribution came from New York State and City Education since you indicated you have a New York State Teachers' Retirement System pension.
Make sure to say Yes when TurboTax asks if your distribution was from a qualified plan.
Your New York State Teachers' Retirement System pension will be a subtraction on your New York State return (IT-201) on line 26.
Click on the screenshots below for visual references.
‎June 6, 2019
10:54 AM