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BenefitsLink > Q&A Columns >

Stop, Look & Listen: Railroad Retirement Benefits Q&A

Answers are provided by Robert S. Kaufman

State Income Taxes (New York Residents)

(Posted April 22, 2002)

Question 172: I'm a New York resident. When I retire, will I pay state income tax on my Railroad Retirement?

Answer: New York is one of the states that does not tax retirement benefits.

You are not exempted from Federal Income Tax, though. Tier 1 benefits are taxed the same as Social Security. Tier 2 and the Supplemental Annuity are taxed like a private contributory pension. To learn more about Federal Income Taxes and Railroad Retirement payments, please see Q&A 23 of this column.


Important notice:

Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.

The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.


Copyright 1997-2017 Robert S. Kaufman
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