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Retirement tax questions
Fanfare: thank you for your clear explanation.
Very real question: isn't the whole point of using TurboTax that we don't have to have to use worksheets or figure out ourselves how to avoid double taxation? Isn't that what TurboTax is supposed to do?
Back to substantive matters ...
The original owner was not an NJ resident. We were not NJ residents either until last year. Which is why this question was so confusing.
Also, maybe I misunderstand, but I don't think you answered the part of the question about what IRAs they are referring to when they ask for the "Value of all IRA's"?
‎October 17, 2021
1:29 PM