Civil Service Annuity

Civil Service Annuity Deduction
If the income on line 1 of Form IT-40 includes federal civil service annuity payments, you may be able to take a deduction if you were at least 62 years of age by December 31 of the tax year.

We will calculate this credit for you if you qualify based on your answers. For example, if your civil service annuity was $6,000, and you received social security benefits of $1,200, your deduction would be figured in the following manner:

Lesser of the amount of the:
Annuity ($6,000) or $2,000 .......................... $2,000
Social Security benefits ................................ - 1,200
Allowable deduction .................................... $ 800

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