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NYC Decedent Pension Distribution

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    NYC Decedent Pension Distribution

    One of my clients is a retired New York State employee. She received a total pension distribution of her deceased son who was an employee of New York City (about $100k) until his death. I Excluded the total amount from the beneficiary's NYS tax return. Am I correct?

    Thanks for your response.

    #2
    Originally posted by anu31402 View Post
    One of my clients is a retired New York State employee. She received a total pension distribution of her deceased son who was an employee of New York City (about $100k) until his death. I Excluded the total amount from the beneficiary's NYS tax return. Am I correct?

    Thanks for your response.
    I believe you are correct. Bennies get to treat distributions just as the deceased would of been treated (or not in this case). NYS may send a notice in a year or two but all should be OK.
    Last edited by BOB W; 11-04-2010, 05:28 PM.
    This post is for discussion purposes only and should be verified with other sources before actual use.

    Many times I post additional info on the post, Click on "message board" for updated content.

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      #3
      Thanks Bob

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