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State tax filing
Turbo tax NJ state section is showing our 1099-Q (Payment from Qualified Education Programs) in NJ form NJIW1701.SCR 04/30/15. the full amount is identified as "Taxable Interest Income", along with 1099-INT (bank interest).
The received 1099-Q does not show a breakout of the specific earnings, the full amount withdrawn is identified as Gross Distributions".
We can go through our historical contributions, but this is nowhere close to the actual earnings.
I don't feel this is really "taxable interest / earnings", is this a Turbo tax error, or NJ issue?
‎April 3, 2022
11:44 AM