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mrussel4
New Member

MY NYS & Local Employees Retirement is exempt in NYS but it is showing as income on my state tax, how do I fix this?

 
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3 Replies
BillM223
Expert Alumni

MY NYS & Local Employees Retirement is exempt in NYS but it is showing as income on my state tax, how do I fix this?

When you enter that you are a New York state resident, after you enter your 1099-R for the NYS & Local Employees Retirement, there will be a series of screens. One screen will ask you to Select Your State.

 

When you select New York, the next screen will ask "Where is this distribution from?"

 

This will give you the opportunity to select New York State and Local Retirement System. Check this, fill in the boxes at the bottom as necessary, and this should remove this pension from NYS.

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MY NYS & Local Employees Retirement is exempt in NYS but it is showing as income on my state tax, how do I fix this?

i have the same issue and have followed all the steps.  the amount of my retirement does not show up on page 2 of IT-201 line 26.

 

Something is wrong with your program 

MY NYS & Local Employees Retirement is exempt in NYS but it is showing as income on my state tax, how do I fix this?

I had the exact same issue filing my parent's tax return. I found the following message on a different thread.

Good Luck

 

New York customers are currently experiencing an issue in TurboTax causing their New York pension exclusion to be incorrectly calculated.

 

We expect this issue to be resolved by 02/19/21. If you’d like to receive progress status updates, please sign up here.

 

@mrussel4 @BillM223 @cmg12345 

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