1. TurboTax should automatically enter the value on the date of the distribution from the federal return.
2. This should be $6,000 since you just opened the account. This is your contribution to the traditional IRA that was already taxed in NJ.
"In most cases, your contributions to a traditional IRA were already taxed by New Jersey and are not taxable when withdrawn. However, any amounts you roll over from a traditional IRA to a Roth IRA that were not previously taxed by New Jersey must be included as income on your New Jersey return the year they are withdrawn from the traditional IRA." (NJ Division of Taxation)
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