NASSAUSUFFOLK

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  • 1.  Question

    Posted 04-23-2021 03:02 PM
    Are distributions from a NY fireman's pension taxable for NYS, if the recipient is under 59 1/2?




  • 2.  RE: Question

    Silver Most Valuable Member
    Posted 04-25-2021 11:51 PM
    Robert,

    None of the distributions from a FDNY pension is taxable to NYS no matter what age. FYI here is a link to NYS Pub 36: General Information for Senior Citizens and Retired Persons. Refer to the section: Pensions of NYS, local governments, and the federal government on Page 11.

    https://www.tax.ny.gov/pdf/publications/income/pub36.pdf

    Also, here are FAQs re: pension exclusions

    https://www.tax.ny.gov/pdf/volunteer/ty2018/co-60.pdf

    I hope this helps.

    ------------------------------
    Dennis Lee
    ------------------------------

    Original Message


  • 3.  RE: Question

    Posted 04-26-2021 05:52 AM
    Dennis,

    I thank you...........

    Bob Saunders



    Original Message


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