Hi @baumgartner-chuc . Here is what the state of NY says:
You may be subject to tax as a resident even if your domicile is not New York.
You are a New York State resident if your domicile is New York State OR:
- you maintain a permanent place of abode in New York State for substantially all of the taxable year; and
- you spend 184 days or more in New York State during the taxable year. Any part of a day is a day for this purpose, and you do not need to be present at the permanent place of abode for the day to count as a day in New York.
In general, a permanent place of abode is a building or structure where a person can live that you permanently maintain and is suitable for year-round use. It does not matter whether you own it or not.
additionally: if you spent less than 184 days in NY, but more than 30 days, you would be considered a Part-Year Resident and file a NY Part-Year resident return.
NY does not tax Social Security, or most NY derived Pensions.
As far as IRA withdrawals, any non-deductible portion would be subject to tax with the following caveat:
New York State and New York City Tax Exemption:
Withdrawals from the NYCE IRA are eligible for a $20,000 annual New York State and New York City income tax exemption. This $20,000 exemption is applied against the cumulative distributions from a private employer retirement plan, a 401(k) plan, 457 plan or 403(b) plan, or other traditional IRAs. The exemption applies only to distributions taken as periodic payments to New York residents who are at least age 59½ and is in addition to the state income tax exemption for benefit payments received from the state or local employees’ public retirement systems.
I hope that helps 🙂
