Re: My IRC125 and 414(H) payments are taxable in NYS but do not transfer from Federal to State return. Every year I get additional assessment and $27-$67 interest.
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My IRC125 and 414(H) payments are taxable in NYS but do not transfer from Federal to State return. Every year I get additional assessment and $27-$67 interest.
Don't assume it will be right there either. Most years it's been right, but I just got a bill from one year when it wasn't. That's when I was doing H&R block. The most annoying part of this is that some years it's correct and others it's not.
My IRC125 and 414(H) payments are taxable in NYS but do not transfer from Federal to State return. Every year I get additional assessment and $27-$67 interest.
Except that mine for 2020 was carried over, and then in 2021 it wasn't. I didn't do anything different, but the program did.