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TurboTax Help
Intuit

New York Pension Exclusion

We’ve identified an issue in your state tax return due to an error in our software. We’ve fixed this and apologize for any inconvenience. You’ll need to sign in to your TurboTax account and review your retirement income, as the NY Pension Exclusion entries may have changed.

  1. Sign in to your TurboTax account.
  2. Select Federal (on the left side) and then select Wages & Income at the top.
  3. Scroll to Retirement Plans and Social Security and select Edit/Revisit next to IRA, 401(k), Pension Plan Withdrawals (1099-R).
  4. Select Edit for each 1099-R listed for NY State and Local Pensions or Federal Government Pensions.
  5. Continue through the step-by-step questions until you see the Where is your distribution from? screen. Carefully review the selections on this screen and select the appropriate type of distribution.
  6. You'll need to do this for each 1099-R associated with NY State and Local Pensions or Federal Government Pensions.
  7. After updating the applicable 1099-Rs, go to your New York return.
  8. Select State (on the left side).
  9. If you have Long Island Railroad Retirement income reported on a W-2, go to Changes to Federal Income and select Update for Adjustments to Federal Income.
  10. Select Update and review the Received retirement income section and adjust appropriately the select State Review.
  11. If you don’t have Long Island Railroad Retirement income reported on a W-2, then select State Review (top menu).
  12. Scroll down the screen and select Let’s check it over.
  13. Make any corrections if prompted, then select Continue to do a final review.
  14. E-file your return (you won’t be charged for e-filing again).
  1. Update TurboTax.
  2. Select the Federal tab and then select Wages & Income.
  3. Visit the following topic: Retirement
  4. Select Edit for each 1099-R listed for NY State and Local Pensions or Federal Government Pensions.
  5. Continue through the step-by-step questions until you see the Where is your distribution from? screen. Carefully review the selections on this screen and select the appropriate type of distribution.
  6. You'll need to do this for each 1099-R associated with NY State and Local Pensions or Federal Government Pensions.
  7. After updating the applicable 1099-Rs, go to your New York return.
  8. Select State (on the top menu).
  9. If you have Long Island Railroad Retirement income reported on a W-2, go to Changes to Federal Income and select Update next to Adjustments to Federal Income.
  10. Select Update and review the Received retirement income section. Adjust appropriately the select State Review.
  11. If you don’t have Long Island Railroad Retirement income reported on a W-2, then select State Review (on the top menu).
  12. Scroll down the screen and select Let’s check it over.
  13. Make any corrections if prompted, then select Continue.
  14. E-file your return (you won’t be charged for e-filing again).

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