New York allows an exemption of military retirement pension income from New York taxable income.
To remove the military retirement income from the New York individual tax return in TaxSlayer Pro, from the New York Tax Return Menu select:
- New York Taxable Income
- New York Subtractions from Federal AGI
- Pension and annuity income exclusion
- Taxable Pensions NYS/Local & Fed Govt - Enter the military retirement as a positive number.
Additional Information:
NY DTF: Publication 361, New York State Income Tax Information for Military Personnel and Veterans
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