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Get your taxes done using TurboTax
1. Here you enter the nondeductible contribution you made to your traditional IRA (your basis) that you converted to the Roth IRA since this was income previously taxed by NJ. For example, if you made a $6,000 nondeductible contribution for 2022 then you would enter $6,000.
2. The value is entered to calculate the taxable and nontaxable portions of the distribution/conversion.
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‎April 2, 2023
7:34 AM
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