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New York State government pension subtraction
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johnmcpa
Level 2
04-03-2022
12:01 PM
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This is my first year with ProSeries and I can't figure out how I can subtract a New York state government pension from New York taxable income. The entire pension is exempt, but I can only see how to enter an exclusion for $20,000.
Thanks, John
3 Comments 3
Camp1040
Level 10
04-03-2022
12:45 PM
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NYS exempts the first $20,000 of pension income. If you have a total NYS exempt pension then may not be entering the correct code on the 1099-R. I think the code is G box 15 1/2
Camp1040
Level 10
04-03-2022
12:59 PM
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