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New Member
posted Mar 25, 2020 9:25:13 AM

1099-R: Entering "NYS and Local Retirement System (NYSLRS)" for question Where is this Distribution From? Every time I go to review them, they reset to US Government.

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2 Replies
Expert Alumni
Mar 25, 2020 12:45:28 PM

NYSLRS pension sources include:

 

  • Employees' Retirement System (ERS) or
  • Police and Fire Retirement System (PFRS)

 

Either option (US government or NYSLRS) should make the distribution a NY state subtraction on your NY return.  Government pensions include those from these sources:


 - US government, its territories or possessions, or the District of Columbia
 - Military
 - New York State, including State and City universities of New York and New York State Education Department (Optional Retirement Program)
 - Manhattan and Bronx Surface Transit Operating Authority
 - Long Island Railroad Company
 - Metropolitan Transit Authority (MTA) Police 20-Year Retirement Program
 - Local governments within New York

 

 

New Member
Jul 8, 2020 4:47:41 PM

Thank you. I wish Turbo tax listed NYCERS ( one of the largest pension systems so this confusion would be avoided)