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Per New York State, qualified pension benefits or distributions received by officers and employees of the United States, New York State, and local governments within New York State, are exempt from New York State, New York City, and Yonkers income taxes. In the TurboTax software, please make sure that you pick the correct classification in the software if your 1099-R is fully exempt.
If you determine your pensions are fully exempt, please follow the steps below and make sure all the required fields are completed:
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