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Roth IRA Withdrawl of contributions - NJ State Tax Question
Hello,
I withdrew contributions only (no earnings) from my Roth IRA in 2023 and 2024. I have had the account for more than 5 years. NJ state return is treating this as pension income. In Turbo tax it is asking for the following information:
2023 unrecovered contributions: What is expected here - the total amount of all contributions life to date in the roth as of the end of 2023 or just for 2023?
Amount withdrawn in 2023: I entered the amount.
Taxable portion of 2023 withdrawl: What is expected here?
Thank you,
Topics:
‎February 22, 2025
7:36 AM