topic Re: New York State does not tax retirement income. How can I enter more than the $20,000 the program locks into the NYS form? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/re-new-york-state-does-not-tax-retirement-income-how-can-i-enter-more-than-the-20-000-the-program/01/991438#M79873 <P>found the answer</P><P>Under the special use code for first state on 1099-R form:</P><P>&nbsp;</P><P>Enter a "G" to designate those pensions which qualify for the governmental pension exclusion in New York.</P><P>&nbsp;</P> Sun, 19 Jan 2020 15:21:30 GMT Adkmike 2020-01-19T15:21:30Z New York State does not tax retirement income. How can I enter more than the $20,000 the program locks into the NYS form? https://ttlc.intuit.com/community/retirement/discussion/new-york-state-does-not-tax-retirement-income-how-can-i-enter-more-than-the-20-000-the-program-locks/01/508684#M47291 Wed, 05 Jun 2019 02:26:15 GMT https://ttlc.intuit.com/community/retirement/discussion/new-york-state-does-not-tax-retirement-income-how-can-i-enter-more-than-the-20-000-the-program-locks/01/508684#M47291 oesnygp2010 2019-06-05T02:26:15Z The way most states work in TurboTax (and New York is no... https://ttlc.intuit.com/community/retirement/discussion/the-way-most-states-work-in-turbotax-and-new-york-is-no/01/508692#M47292 <P>The way most states work in TurboTax (and New York is no exception), to exclude at the state level income that is taxable at the federal, you have to go through the state interview and remove those items that are not taxable in the state.</P><P>For retirement income, go through the New York state interview. You will see a number of screens talking about wages and self-employment and other income that may or may not apply to you.</P><P>Eventually, you will come to a screen entitled "<B>Changes to Federal Income</B>". On this screen, go down to <SPAN><B>Wage and retirement adjustments</B> and click on "</SPAN>Received retirement income".</P><P>The next screen will show a table of all your 1099-Rs (retirement income). If you are eligible to do so and want to exclude one from New York state income, then edit that entry. The next screen will allow you to enter the "<SPAN>Portion of Distribution Taxable in New York" (which could be zero).<BR /></SPAN></P> Wed, 05 Jun 2019 02:26:16 GMT https://ttlc.intuit.com/community/retirement/discussion/the-way-most-states-work-in-turbotax-and-new-york-is-no/01/508692#M47292 BMcCalpin 2019-06-05T02:26:16Z Re: New York State does not tax retirement income. How can I enter more than the $20,000 the program locks into the NYS form? https://ttlc.intuit.com/community/retirement/discussion/re-new-york-state-does-not-tax-retirement-income-how-can-i-enter-more-than-the-20-000-the-program/01/991438#M79873 <P>found the answer</P><P>Under the special use code for first state on 1099-R form:</P><P>&nbsp;</P><P>Enter a "G" to designate those pensions which qualify for the governmental pension exclusion in New York.</P><P>&nbsp;</P> Sun, 19 Jan 2020 15:21:30 GMT https://ttlc.intuit.com/community/retirement/discussion/re-new-york-state-does-not-tax-retirement-income-how-can-i-enter-more-than-the-20-000-the-program/01/991438#M79873 Adkmike 2020-01-19T15:21:30Z
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topic Re: New York State does not tax retirement income. How can I enter more than the $20,000 the program locks into the NYS form? in Retirement tax questions
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<P>found the answer</P><P>Under the special use code for first state on 1099-R form:</P><P>&nbsp;</P><P>Enter a "G" to designate those pensions which qualify for the governmental pension exclusion in New York.</P><P>&nbsp;</P>
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New York State does not tax retirement income. How can I enter more than the $20,000 the program locks into the NYS form?
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https://ttlc.intuit.com/community/retirement/discussion/new-york-state-does-not-tax-retirement-income-how-can-i-enter-more-than-the-20-000-the-program-locks/01/508684#M47291
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The way most states work in TurboTax (and New York is no...
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<P>The way most states work in TurboTax (and New York is no exception), to exclude at the state level income that is taxable at the federal, you have to go through the state interview and remove those items that are not taxable in the state.</P><P>For retirement income, go through the New York state interview. You will see a number of screens talking about wages and self-employment and other income that may or may not apply to you.</P><P>Eventually, you will come to a screen entitled "<B>Changes to Federal Income</B>". On this screen, go down to <SPAN><B>Wage and retirement adjustments</B> and click on "</SPAN>Received retirement income".</P><P>The next screen will show a table of all your 1099-Rs (retirement income). If you are eligible to do so and want to exclude one from New York state income, then edit that entry. The next screen will allow you to enter the "<SPAN>Portion of Distribution Taxable in New York" (which could be zero).<BR /></SPAN></P>
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Re: New York State does not tax retirement income. How can I enter more than the $20,000 the program locks into the NYS form?
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https://ttlc.intuit.com/community/retirement/discussion/re-new-york-state-does-not-tax-retirement-income-how-can-i-enter-more-than-the-20-000-the-program/01/991438#M79873
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<P>found the answer</P><P>Under the special use code for first state on 1099-R form:</P><P>&nbsp;</P><P>Enter a "G" to designate those pensions which qualify for the governmental pension exclusion in New York.</P><P>&nbsp;</P>
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