1653534
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Justbrenda69
Returning Member

NYS $20,000 pension exclusion problem

I entered the fact that the NYS teacher pension is a government pension in the federal section.  In the NYS section, it deducts the full amount, $38,000 as exempt but it's also deducting the $20,000 for 'other pensions'.  I have no other pensions or entered any other pensions.  How do I fix this.  

This is what TT is showing me which is incorrect.

 

Total federal taxable non-disability pension and IRA distributions                                                  $38,000

NY deduction for government pension   $38,000

NY deduction for other pensions              $20,000

Total taxable pensions and IRA                 -$20,000

distributions 

 

HELP!!  Thank you!

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
Justbrenda69
Returning Member

NYS $20,000 pension exclusion problem

I neglected to say there is no annuity or IRA distribution for this tax return.  TT will not allow me to delete the $20,000 from the tax return since the full $38,000 is tax exempt.

EmayPA
New Member

NYS $20,000 pension exclusion problem

It seems to be a universal problem, that Intuit insists is our mistake.  It's a problem in the software that doesn't seem to be able to be fixed.  It's outrageous.

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question