Where do you enter the exemptions for distributions from a 457b (government) plan? "Identify the Plan" lists Qualified, Non-Qual, Annuity, or Endowment. None apply.

Forum|Forum|2 years ago
March 24, 2024
3 replies
0 views

There appears to be no place for entering the exemptions for a 457b distribuition.

TurboTax Online

Best answer by dmertz

A governmental 457(b) plan is a qualified plan.

CatinaT1

Were you able to resolve your issue here or are you still needing guidance?

Make sure you have ran all updates.

If using TurboTax Online: Clear your cache and cookies. See this FAQ, for your particular browser.

If using TurboTax Desktop: Please see this FAQ.

If you still are not able to solve this, please call TurboTax Customer service.  Here is a link:  Turbo Tax Customer Service

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

dmertzAnswer

Employee

A governmental 457(b) plan is a qualified plan.

austitus

To get the exemption in Turbotax 2024, enter it on the NYS Pension/Annuities Worksheet, Part II, item 4b as an override, to a max of $20,000, for New York State. That amount then carries forward to the NYS IT 201 line 29 but not as an override. I had tried doing it directly on NYS IT 201 line 29, but that prevented electronic filing.