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chrisd7091468
February 1, 2024
Question

I receive a NYS Police and Fire Pension and when I go to do the NYS Return the monies I received from my Pension are included in my Taxable Income?? They should not be?

  • February 1, 2024
  • 1 reply
  • 0 views
Can someone point out what I’m doing wrong? possibly when I input my 1099-R I missed something?

1 reply

DaveF1006
DaveF1006
February 1, 2024

The full amount of your pension will appear as income in your IT 201 return but then up to $20,000 should appear as a subtraction in line 29 of the IT 201. Check to see if this is the case. 

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