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NYS-Salaries Paid to officers and employees of the state and its subdivisions and agencies shall be subject to taxation!

Source of information is NYS official site-NYS-Salaries Paid to officers and employees of the state and its subdivisions and agencies shall be subject to taxation!
 
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Category : > Income Tax Filing Across The USA
Posted On : Wed Jul 28th,2010

 
Source of information is NYS official site-NYS-Salaries Paid to officers and employees of the state and its subdivisions and agencies shall be subject to taxation!
 


The New York State Constitution provides that “all salaries, wages and other compensation except pensions, paid to officers and employees of the state and its subdivisions and agencies shall be subject to taxation.”

Pensions paid to officers and employees of this state, its subdivisions and agencies, to the extent includible in gross income for federal income tax purposes, are exempt from personal income tax.

 

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