NEW YORK RETIREMENT INCOME TAX · TAX YEAR 2026
Does New York tax Social Security and retirement income?
New York does not tax Social Security benefits. New York exempts New York State and local, federal and military pensions, and from age 59 1/2 excludes up to $20,000 per person of other pension and IRA income. A single 67-year-old with $24,000 of Social Security, a $20,000 private pension and $10,000 of IRA withdrawals pays $78 in New York income tax for 2026. New York figures exclude New York City tax.
Your estimate
- New York income tax
- $78.00
- Federal income tax
- $1,810.00
- Total income tax
- $1,888.00
Subtracted from New York income
- Social Security
- $11,300.00
- Pension and annuity exclusion
- $20,000.00
New York figures exclude New York City tax.
State pensions are treated as New York State or local plans. Amounts received before reaching 59 1/2 in the year are not separated.
New York tax at different retirement incomes
New York income tax for 2026 on a single 67-year-old with $24,000 of Social Security, and on a married couple, both 67, with $20,000 each. Half the pension and IRA income is a private pension and half IRA withdrawals, all received by one spouse in the couple. New York figures exclude New York City tax.
| Pension and IRA income | Single | Married |
|---|---|---|
| $20,000 | $0 | $0 |
| $40,000 | $488 | $154 |
| $60,000 | $1,563 | $971 |
| $100,000 | $3,723 | $3,121 |
| $150,000 | $6,884 | $5,970 |
Does New York tax Social Security?
No. New York subtracts Social Security and Tier 1 Railroad Retirement benefits included in federal adjusted gross income.
Of the single 67-year-old's $24,000 in benefits, $11,300 is federally taxable and New York taxes none of it. Of the couple's $40,000, $28,100 is federally taxable and New York taxes none of it.
Does New York tax pensions?
Partly. Pensions from New York State and local governments and from the federal government, including military retirement, are subtracted in full at any age. Private pensions and annuities get the pension and annuity exclusion of up to $20,000 per person from age 59 1/2, shared with IRA and 401(k) income. Each spouse can exclude only their own income, and there is no income limit.
State tax for a single 67-year-old with $24,000 of Social Security, a $20,000 pension of each type and $10,000 of IRA withdrawals. Excluded is the part of the pension New York exempts.
| Pension | Excluded | State tax |
|---|---|---|
| Private | $10,000 | $78 |
| New York government | $20,000 | $0 |
| Federal civil service | $20,000 | $0 |
| Military | $20,000 | $0 |
Does New York tax IRA and 401(k) withdrawals?
Partly. IRA and 401(k) withdrawals qualify for the same $20,000 exclusion from 59 1/2, shared with private pensions. Income above it is taxed at New York's regular rates. Qualified Roth IRA withdrawals are not taxed.
With $24,000 of Social Security, $20,000 of IRA withdrawals and no other income, a single 67-year-old pays no New York income tax for 2026.
At what age do retirement tax breaks start in New York?
At 59 1/2, for the pension and annuity exclusion; the calculator uses age 60. Government pensions are exempt at any age, and New York has no extra exemption or standard deduction at 65.
State tax at each age where the rules change. The single filer has $24,000 of Social Security, a $20,000 private pension and $10,000 of IRA withdrawals; the couple, both that age, has $20,000 of Social Security each and a $30,000 pension and $20,000 of IRA withdrawals.
| Age | Single | Married |
|---|---|---|
| 59 | $1,023 | $1,501 |
| 60Pension and annuity exclusion | $78 | $544 |
What the calculator leaves out
State pensions are treated as New York State or local plans. Amounts received before reaching 59 1/2 in the year are not separated.
- The $20,000 exclusion starts at 59 1/2; the calculator requires age 60 by December 31.
The calculator uses New York rules from the 2025 forms and instructions, the latest published.
Federal tax uses the 2026 brackets, the standard deduction with the extra amount at 65, and the $6,000 senior deduction. Estimates assume no other deductions, credits or local taxes except as noted.