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posted Jun 5, 2019 11:47:10 PM

System did NOT allow me to e-file since I had excess deferral in my 401k , even after I followed instructions. Will I be penalized by NY state for not e-filing my return?

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Intuit Alumni
Jun 5, 2019 11:47:11 PM

No. In April 2012, the New York Department of Taxation removed the formerly-imposed $25 penalty.

However, if you use tax software that supports e-filing and you have a broadband connection, the New York Department of Taxation requires that you e-file.  But you are not penalized if you don't.  

1 Replies
Intuit Alumni
Jun 5, 2019 11:47:11 PM

No. In April 2012, the New York Department of Taxation removed the formerly-imposed $25 penalty.

However, if you use tax software that supports e-filing and you have a broadband connection, the New York Department of Taxation requires that you e-file.  But you are not penalized if you don't.