DanaB27
Expert Alumni

Retirement tax questions

For your NJ state return please review the entry for the contribution amount previously taxed during the NJ state return interview:

 

  1.  On the “You've Finished Your New Jersey Return” click “Update” next to “Adjustments
  2. Continue until you get “IRA Information” screen:
  • If this is the first year of withdrawal then select “Yes, this was the first year of withdrawal from this IRA” enter your contribution next to “Total of IRA contribution previously taxed
  • If you withdrew funds before 2023 then select "No, I've made withdrawals from this account before" and click “Continue” and enter the information on the “IRA Withdrawal” screen 

 

@silverdj 

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