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Client is collecting a police disability pension from NYC.
Client is collecting a police disability pension from NYC. He is 39 years old. Box 7 has a 3 in itIs his pension exempt on the NYS return?… read more
Barbara
Barbara
Enrolled Agent, Paralegal
20,561 satisfied customers
Client is a NYS teacher 58 years old. She took out $56,000
Client is a NYS teacher 58 years old. She took out $56,000 from her pension due to covid. Fed withholding was 20% $11,200.Box 7 is coded with a 2.Is she exempt for NYS taxes and is there any other bre… read more
Barbara
Barbara
Enrolled Agent, Paralegal
20,561 satisfied customers
I'm helping a family member with her taxes and I have a few
I'm helping a family member with her taxes and I have a few questions. She is a widow whose husband passed away in 2013. He was employed as a police officer in Michigan. Someone told her his retiremen… read more
Barbara
Barbara
Enrolled Agent, Paralegal
20,561 satisfied customers
Client received a 1099-R from her deferred comp account of
Client received a 1099-R from her deferred comp account of $19,375. She is a suffolk county public employee. In addition she received a total distribution from her 401A account of $36,540. And a $50,0… read more
Barbara
Barbara
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Just used TurboTax to do my tax return. My question deals
Just used TurboTax to do my tax return. My question deals with my NY State/ City IT-201 It took a full redemption of an inherited IRA account which was. My Uncles The IT-1099-R box 7 = 4 Gross amount … read more
Rick
Rick
MBA
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I have a client who received a 1099 R as a NYC policeman
I have a client who received a 1099 R as a NYC policeman disability. It is listed as code 3 in box 7. It also indicates taxable in box 2a. He insists that it is not taxable though. Is this special for… read more
Tax.appeal.168
Tax.appeal.168
Principal
8,165 satisfied customers
I was 41 youa when I was injured in the line of duty while
I was 41 youa when I was injured in the line of duty while working as Deputy Sheriff in Minnesota. I took a disability pension with 19yrs 6 months duty. The state of minn advised my pension was non ta… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,017 satisfied customers
I'm a retired NYS worker with a question in reference to my
I'm a retired NYS worker with a question in reference to my 1099R,I was going over the form and noted discrepancies in filing status,amount of my contributions to my pension and my age at time of reti… read more
PDtax
PDtax
Owner
Master's Degree
6,471 satisfied customers
i have a client that has a code 3 on her 1099-R and her box
i have a client that has a code 3 on her 1099-R and her box 2a says unknown how to fix that… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
My client is 47 years old her 85 year old mom passed away in
My client is 47 years old her 85 year old mom passed away in 2014. The client received a 1099 with a distribution code of 4 in box 7. This was money from the mothers 403B plan. Is this exempt on NYS o… read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,575 satisfied customers
i have a client that resides in GA and collects 4 seperate
i have a client that resides in GA and collects 4 seperate 1099 from NYS retirement system. She was a NYC teacher. Do I need to do a return for NY and is it all exempt from the Ga return… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,017 satisfied customers
if you retire at age 43 and get a retirement pension with cade
if you retire at age 43 and get a retirement pension with cade 2 in nyc- (exceptions appl to ages under 591/2) -do you still get to report pension as a subtraction on his state return for nyc. Also is… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,017 satisfied customers
An ex unemployed police officer receives a disablilty pension
An ex unemployed police officer receives a disablilty pension from his city police department, he is age 56 and received a 1099R with $41,000 in box 1 "Gross Income", nothing in box 2,"Taxable Income"… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,017 satisfied customers
my son has a disablity pension from the nyc police department
my son has a disablity pension from the nyc police department it 3/4 pay with no state or federal tax living in nyc. if he moved to nj would he have to pay nj and federal tax?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
I took an early retirement from a nyc agency. Im 57 years old. Only Federal t
I took an early retirement from a nyc agency. I'm 57 years old. Only Federal taxes are taken from my pension check. I'm I exempt from paying City & State taxes.… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
I have a disability pension,form nyc police dept. and it states
I have a disability pension,form nyc police dept. and it states nontaxable, and now recive social security disability non taxed and now irs says i owe taxes for 2008,09 is this true… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
I AM A FORMER POLICE OFFICER INJURED IN THE LINE OF DUTY AND
I AM A FORMER POLICE OFFICER INJURED IN THE LINE OF DUTY AND I RECEIVE SOCIAL SECURITY DISABILITY AND MY POLICE PENSION BECAUSE OF THE DISABILITY. THE 1099R I RECEIVED IS SHOWING THAT MY PENSION IS TA… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,017 satisfied customers
Federal Tax Exemption for Accidental (line-of-duty) Disability Pension
I know that NYC and NYS Corrections Officers accidental (Line-of-duty) disability pensions are federally exempt from taxation. I, being a PA State Corrections Officer, have received a service connecte… read more
JBE, CPA
JBE, CPA
70 satisfied customers
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