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Level 2
March 16, 2025
Question

New York State and Local Employees Retirement System

  • March 16, 2025
  • 2 replies
  • 9 views

Would someone please confirm my thoughts that my New York State and Local Employees Retirement System is NON-TAXABLE to North Carolina, where I currently reside?

Is it considered under the BAILEY ACT?

 

Thanks very much!

This topic has been closed for replies.

2 replies

BobKamman
Level 15
March 16, 2025


You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.


Just-Lisa-Now-
Intuit Community Champion
March 17, 2025

If youre really using a version of ProSeries, you should be able to hit the yellow ? button when youre on that drop down exclusion menu and see which types qualify or not.  It gives you a whole list of state and federal payers that qualify.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Ingegno Author
Level 2
March 17, 2025

Hi Lisa,

I'm not sure why you're asking if I'm really using ProSeries? I thought this was ONLY for ProSeries customers. Regardless, my question has nothing to do with the drop-down box but knowledge of the Bailey Act here in NC. It's really upsetting that the users on this platform like to make judgements and not really help, why bother answering. My question was very clear, and it wasn't about the software BUT the knowledge of NC. 

Thank you for taking the time BUT your answer does NOT help.

sjrcpa
Level 15
March 17, 2025

"I thought this was ONLY for ProSeries customers."

It's supposed to be but Intuit lets anyone in.

Have you read the NC instructions? Last time I looked they explain this well.

The more I know the more I don’t know.