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pension distribution excluded from NJ State return
I am currently working full time , 64 years old and I get a distribution from a couple of small pensions. These are distributions from private firms. Not disabled or a veteran. Income is less that $70000 per year. distributions are taxed in the federal portion but coming up exluded in New Jersey. I have been receiving the income for 2 years. I googled this and it looks like it should be taxable.
March 11, 2023
9:40 AM