Financial aid, New York State Tuition istance Program: What is private pension and annuity income?

Look at your parent's tax return at lines 16a and 16b. Line 16a shows the total amount of pension or annuity funds received and line 16b shows the taxable amount. If you have numbers on those lines, and they are different, then you might have non-taxable pension and annuity income to report. But, the HESC only asks about private pensions, so you still might not have to report non-taxable pension or annuity income if it comes from a public source. Generally, pensions from military and government employees are considered to be public pensions. Pensions from corporations are considered private.