New York State Pension Exclusion

[charliem150]

My mother-in-law passed away in February 2022. She was born in 1936. She had an IRA worth $467,950.00, of which my wife and her brother each received 50% ($233,975.00), transferred into an inherited IRA. My wife took a distribution of $23,655 (part of which was the required RMD my mother-in-law would have had to take for 2022). I believe that my wife would be entitled to a $10,000 NY State exclusion - 50% of the exclusion my mother-in-law would have been entitled to. However, after asking for Decedent's Date of Birth (1936), Total Amount of Decedent's Pension or IRA ($467,950), Exclusion Claimed on Decedent's Return (0), and Percentage Share of Total Distribution (50%), Turbotax shows a NY deduction of only $1,011.00.  Is that correct, or is there some bug in Turbotax?  Thanks.

[ShirlynW]

To address the question, I would like to do a Diagnostic. The diagnostic code is used by the TurboTax Agent to view your "scrubbed" copy of your return when you are having certain problems that cannot be resolved.  You, the customer give the agent this code for them to enter.  Your personal information is removed. Here are the steps to get the code:

1. Sign in to their TurboTax account.
2. Open or continue their return.
3. In the left panel, Select Tax Tools, and then Tools
4. In the Tools Center pop-up, select Share my file with Agent
   • They’re notified that all personally identifiable information (PII) is being removed
5. Tell you the seven-digit token number that appears
6. Select X to close the Tools Center pop-up

Please add this token number to your post.

@ShirlynW

[charliem150]

Thanks for your response. I spoke to a Turbotax Live Expert after I posted, and they gave me a workaround.