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Pension Deductions
I currently receive a pension from NY City. I understand
that this money is not taxable by New York State. What is
this other deduction of $20,000 for other pensions ?
I do not have any other pensions. My 2020 NY State return
was originally accepted but was then rejected because of
a problem with Turbo Tax' program. I cannot seem to
get the Calculation of Exclusion Amounts correct.
February 20, 2021
10:08 AM
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Other financial discussions
One of the issues is that some government pensions were being listed as non governmental, so triggering that pension exclusion when none was needed.
Are you using the Online product or the CD/download product?
And what is the reject code?
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February 25, 2021
12:08 PM