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bioedbill
New Member

Why does turbotax no deduct my NYS teacher pension from NTS tax?

thats NYS tax they want me to pay
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Accepted Solutions

Why does turbotax no deduct my NYS teacher pension from NTS tax?

When you enter the 1099-R in the Federal section of the program, make sure you indicate the source of those $$ on a page following the main 1099-R form...if you didn't do that, then the $$ won't get subtracted from NY income:

_________________________

1099R_NewYork_2021.png

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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2 Replies
CatinaT1
Employee Tax Expert

Why does turbotax no deduct my NYS teacher pension from NTS tax?

Many things have been corrected in the latest updates to TurboTax. Are you still experiencing this problem?

 

Make sure you have ran all updates. 

 

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Why does turbotax no deduct my NYS teacher pension from NTS tax?

When you enter the 1099-R in the Federal section of the program, make sure you indicate the source of those $$ on a page following the main 1099-R form...if you didn't do that, then the $$ won't get subtracted from NY income:

_________________________

1099R_NewYork_2021.png

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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