@MarilynG1 Employee Tax Expert
1 You said "... indicate who made the contribution...
After 40+ years of "Married filing jointly", which combined all yearly NJ-1040 contributions, (TP+SP = Total contributions), your answer does not tell me how to to use TurboTax to create a (TP+SP) Worksheet C for RMDs in retirement. NJ allows (TP+SP) Worksheet C, and that could reduce the taxable portion of RMDs this year. Can you contact TT designers of NJ-1040 forms and ask if they allowed for this option?
2. You said " all or part of your pension income is excluded". You missed the point.
Ask designers why my 1099-R entries in TT for 401(a) and 403(b) RMDs are not correctly recorded on the "Pension" worksheet C as taxable income, so the "excluded portion" is never calculated on Worksheet C. I try to fix it manually by marking an 'x' in the first column, "Check if this is an IRA distribution", but why does this not happen automatically during 1099-R entry? And am I correct in fixing it this way?
