February 9, 2021 12:16 PM
The Form IT-201 Line 29 calculation can be somewhat complicated.
Please see Line 29 – Pension and annuity income exclusion in the Instructions for Form IT-201, Full-Year Resident Income Tax Return for guidance.
February 9, 2021 1:55 PM
- Thank you for your email.Let me reword the question.I am familiar with the tax code for line 29 that you refer to but...How does turbo tax calculate the amount?It gets the amount from distribution of IRA on the fed form but the amounts are quite different. Please explain.