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pauld3
New Member

Looking for a way to get turbo tax to recognize my new york state IRA deduction of 17500

where is the new york state credit for my IRA located on forms
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1 Reply
FangxiaL
Expert Alumni

Looking for a way to get turbo tax to recognize my new york state IRA deduction of 17500

If you took a distribution from your IRA account, and you reached age 59 1/2, the distribution may qualify for income exclusion, up to $20,000. It is not a credit, but a deduction, which is not included in your NYS  taxable income.

 

Can you please clarify: Is this what you are referring to in your question?

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