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Retirement tax questions
I want to thank you for all your help. Somehow I managed to reflect only $110 balance as overfunded on the 2021 return.
I'm completing the 2020 amended and it's asking for values on the NJ return -
Is this the first year of W/D - I selected yes
"Total of IRA contributions previously taxed" What is entered? Does this refer to the value of all contributions for all IRAs or tax paid on withdrawals. This amended return is to correct for an error. Not planning to withdraw from this for years.
Value of all IRAs on 12/31 - does not state a year. Is is as of 12/31/20?
IRA contributions made between 1/1and 4/15 - does not state a year. Is is as of 12/31/20?
Thanks Again!
‎April 17, 2022
12:21 PM