topic NY State Witholding in State tax filing

NY State Witholding

melpaw57 — Sat, 07 Mar 2020 14:42:05 GMT

I retired in 2018 and (other than ivestment income) I have income from a NY State Pension (which is exempt from NY State Tax) and Social Security. I owe a penalty on my 2019 taxes for underpayment of NY State tax. I don't believe I have any way to put in for NY State Witholding, correct?

I realize I could make estimated payments but I'm sure I'll forget.

Thanks.

Re: NY State Witholding

AnnetteB6 — Sat, 07 Mar 2020 14:58:46 GMT

State taxes cannot be withheld from Social Security benefits. You could contact your NY State Pension administrator to ask about withholding state taxes even though it is not taxable by the state. Otherwise, your only other alternative would be to make estimated payments to the state.

Re: NY State Witholding

melpaw57 — Tue, 10 Mar 2020 17:55:23 GMT

Thank you. That's what I suspected.