New York State Retirement Income

If your pension is showing as being taxable, try this to get your pension excluded.

1. Log into Turbo Tax

1. Select the State Taxes tab on the left side of your screen.
2. As you navigate through the screens, you will see a screen that says changes to federal income.
3. Look under the heading Wage and Retirement Adjustments
4. The first entry below that will say Received Retirement income.  
5. You will make entries in this section that will determine the full taxability of your NY pension.
6. Answer the questions on each screen
7. On the screen titled Governmental Pension Exclusion enter the taxable amount to exclude for the NY return.
8. The next screen will show you the Pension Deduction Summary