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Anyone seen PTO overstate the NY Pension Exclusion?

meltax
Level 2

There were only around $9k total IRA and pension distributions, but PTO put over $22k on the adjustment for New York State.

Anyone seen this before? 

Also, does anyone know if Intuit will help with penalties due to this technical error?

Thank you so much for any help!

Melissa

0 Cheers
2 Comments 2
sjrcpa
Level 15

"does anyone know if Intuit will help with penalties due to this technical error?"

That's a good one.  🤣 No they will not.

The more I know, the more I don't know.
IRonMaN
Level 15

Statistically speaking, the odds of Intuit helping with the penalties are about the same as Intuit refunding your fees for last tax season.  As a side note, their take on things is they are merely an aid in tax preparation, it's still up to the preparer to catch their errors before filing the return.


Slava Ukraini!