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| *Loan,banking and credit>>>income tax |
Does NY State income tax exclusion on up to $20000/yr private pensions apply to rollover IRA withdrawals? |
The rollover IRA came from a lump sum private pension. Yes it does. I would say because you rolled the pension lump sum into an IRA, that you lost the $20,000 per year exemption. A properly executed rollover is never taxed, regardless of the amount. |
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