How do I get Turbo Tax to correctly calculate my New York State Pension and Annuity income exclusion?

If you were age 59 ½ during the tax year, you can exclude up to $20,000 of pension or annuity income:

• If you were already 59 ½ at the beginning of the tax year, you qualify for the full exclusion.
• If you turned 59 ½ during the tax year, you can still exclude up to $20,000, but only on amounts received after you turned 59 ½.

Please click here for more information and step-by-step instructions on getting the exclusion on your NY return.