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Level 1
posted Jan 26, 2020 2:37:09 PM

My NYState Teacher retirement disbursements aren’t taxable in NYS are they fully taxed by federal. Heard a percentage is not taxed. Can’t find facts. Any thoughts?

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1 Best answer
Expert Alumni
Jan 27, 2020 5:38:04 PM

I have reviewed the Federal regulations and can find nothing that would exclude NYState Teachers Retirement from full taxation at the Federal level. 

1 Replies
Expert Alumni
Jan 27, 2020 5:38:04 PM

I have reviewed the Federal regulations and can find nothing that would exclude NYState Teachers Retirement from full taxation at the Federal level.