WebThe Thrift Savings Plan Service Office is your contact regarding your TSP account after you leave service: TSP Service Office National Finance Center P.O. Box 61500 New Orleans, LA 70161-1500 The TSP Service Office can answer questions about your account and can send you TSP withdrawal mate-rials to supplement the Withdrawal Package … WebApr 2, 2024 · "Withdrew a lump sum of 130K from TSP account under CARES" But the CARES limit is $100,000. "Only coronavirus-related distributions are eligible for the favorable tax treatment provided by the CARES Act. As defined by the Internal Revenue Service (IRS), a coronavirus-related distribution is “a distribution (withdrawal) that is made from …
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WebJan 5, 2024 · Taxes on withdrawal from Roth TSP. If you are over age 59.5 you may withdrawal money from your Roth TSP tax free. This money does not count as taxable income. This is as simple as it gets. However, if you … WebNY tax on federal retirment TSP rollover. Turbotax deducts my federal TSP rollover withdrawals from my New York taxable income, but New York is billing me for annuity withdrawals over $20,000. Who is wrong--TurboTax or NY state? 0 1 1,068 Reply. MaryK1101. Expert Alumni city of palmview city ordinance
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WebMar 10, 2024 · The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. It was established by Congress in the Federal Employees’ Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private … WebNew Mexico, New York, Utah, and Wisconsin Any dollar amount or percentage of your distribution Yes Iowa*** Eligible rollover distributions 5% of your distribution amount Noneligible rollover distributions Periodic payments: Specified by state wage tables† Nonperiodic payments: 5% of your distribution amount Yes Yes Yes WebDec 3, 2024 · New York State Home. Services; News; Government; COVID-19 Vaccine; Department of Taxation and Finance. Skip Navigation. Do I have to pay New York State taxes on my Individual Retirement Account (IRA) distribution? Answer ID 608 Updated 12/03/2024 08:53 AM. Do I have to pay New York State taxes on my Individual … do rats eat dog food