topic Re: Non qualified plan distribution - NYS in Get your taxes done using TurboTax

Non qualified plan distribution - NYS

MikeN1 — Thu, 27 Feb 2025 05:33:08 GMT

There was a post last year about an error in Turbo Tax whereby it doesn't include non-qualified pension plan distributions (reported on line 11 of W-2) in the NYS pension and annuity exclusion (line 29 of Form IT-201). The solution was to manually override, which then means that the e-file option is not available and a paper form must be filed. Is there any update on this since last year? I am working on my taxes and the same issue still seems to exist.

Re: Non qualified plan distribution - NYS

BillM223 — Thu, 27 Feb 2025 16:44:40 GMT

Could you post the link (URL) to that Community thread? Thanks.

Re: Non qualified plan distribution - NYS

MikeN1 — Thu, 27 Feb 2025 17:25:40 GMT

https://ttlc.intuit.com/community/taxes/discussion/non-qualified-pension-annuity/00/3166897

Re: Non qualified plan distribution - NYS

BillM223 — Thu, 27 Feb 2025 18:10:04 GMT

Thank you. May I assume that your box 11 entry is less than or equal to your box 1 and box 16 entries on your W-2? Also, in the questions after the W-2 was entered, you confirmed that this was a distribution and not a contribution (just double checking).

Re: Non qualified plan distribution - NYS

MikeN1 — Thu, 27 Feb 2025 19:49:34 GMT

Yes that’s correct.

Re: Non qualified plan distribution - NYS

MikeN1 — Thu, 06 Mar 2025 04:52:58 GMT

Yes those assumptions are correct. Do I still need to override and file a paper return?