If you are a NYSTRS retiree, your 1099-R tax statement for calendar year 2024 pension earnings is now available in MyNYSTRS. If you elected to receive a paper copy, it has been mailed to the address provided.
The 1099-R shows retired members their gross benefit amount, the taxable amount of their pension and any federal tax withheld. You’ll need it to complete your 2024 income tax forms.
If you opted to receive your 1099-R online, log in to your secure MyNYSTRS account. There, you’ll be able to access your statement on the My Retirement/1099 Forms page, along with tax statements from previous years.
Your NYSTRS pension is not subject to New York state tax but is subject to federal tax. If you live outside New York state, the tax laws of your state apply.
You may change your tax withholding in MyNYSTRS on the Tools/W-4P Withholding Election page, or by submitting a completed W-4P Withholding Election and Certificate (FIN-149) form. Find this from on the Forms/Retiree Forms page, or request a form be mailed to you by calling our Hotline at 800-782-0289.
If you have not received your tax statement by early February, call us at 800-348-7298, ext. 6120. Questions about individual tax liabilities, however, should be directed to a certified tax professional or the IRS, not NYSTRS staff.
