Your Stories: Your NYS tax law questions answered

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 2/09 5:00 pm
Syracuse (WSYR-TV) -- We’ve received a couple of calls concerning the New York State Department of Taxation and Finance.

First, if you work for the state and draw a state pension retirement, are you exempt from paying state income tax?

Not quite. Contributions to state pensions are taxable at the time of the contribution, so they’re not taxed again as income when the worker starts drawing that pension.

Next, why can Syracuse’s thrift stores collect sales tax? Aren’t they supposed to be non-profits?

Here’s how it works. Qualified non-profits get a break on things they buy for themselves, that is, for their own use. Unfortunately, that does not extend to the consumer buying merchandise at these stores.

Got a question for the Your Stories team? We’ll try to answer it. Call 446-9900 or email YourStories@9WSYR.com.


Share
Click 'Like' for Central New York news updates:

Contact Your Stories

Do you have something you'd like the Your Stories team to check out? Contact us at YourStories@9wsyr.com or call us at 315.446.9900

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.