MarilynG1
Expert Alumni

Retirement tax questions

Yes, since your 1099-R with Code U actually represents a Dividend (not a retirement distribution), you can assume it's taxable in New Jersey, and not excluded from income (as some retirement income may be).

 

Here's more info on 1099-R, Code U.

 

@VasVas 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"