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Error in Calculating NJ IRA Withdrawals
On the NJ tax return, TurboTax does NOT allow an IRA withdrawal to be split between a taxable partial Roth conversion and an taxable IRA withdrawal. The Federal return handles this properly but the NJ return forces ALL IRA taxable withdrawals to be 100% Roth.
I pointed this out 4 weeks ago and the Pensions, Annuities and IRA Withdrawals worksheets are still wrong.
Topics:
2 weeks ago