Error on New York retirement forms?

Forum|Forum|4 years ago
January 29, 2022
1 reply
6 views

My main New York State form (IT-201) appears to be accurate. However, NY requires that an IT-1099R (with the same info as the Federal 1099R forms) be attached. I had three 1099R's, the first one is correct on the printed copy of my NY return but the second two are blank.

Also, there seem to be several errors on the printed NY Pensions/Annuities/IRAs Worksheet where the taxable state amounts are incorrectly shown as different from the Federal amounts. These are mostly due to incorrect handling of rollovers and QCDs. Since the correct amounts are on the IT-201, these errors are irrelevant

MarilynG

Level 15

Are your Federal 1099-R amounts showing correctly?

Click this link for more info on QCDs and Rollovers you may find helpful.

Info at tax.ny.gov says,

"General instructions Who must file this form – You must complete Form IT-1099-R, if you file a New York State income tax return and you received 1099-R statements that show New York State, New York City, or Yonkers withholding."

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RetEngAuthor

Level 2

Yes, everything seems to be OK and calculated correctly on the Federal forms and the NY IT-201 but the two IT-1099R forms are blank, and the worksheet has incorrect entries, but the result is calculated correctly.