DavidT0202
Expert Alumni

Get your taxes done using TurboTax

Hi @Angelo L 

 

Yes, this is an estimated tax on what you possibly owe.  It does not reflect the actual amount you will end up owing to NJ.    

As far as last year, I would check to see if the state taxes withheld were entered on the 1099-S you received for the sale of the home.  If they were not, then you should amend. 

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