NJ Unrecovered contributions: money you contributed into
your IRA that you were not able to deduct on a New Jersey state tax return. You
need to keep records, since this information is useful for tax purposes when
you go to take money out of the IRA at retirement or at any other time.
See Worksheet C in the NJ Resident Return Instructions for how to avoid double taxation on that money (i.e. recover it) when you withdraw from your IRA. The first year you do the calculation it is the total of all contributions. Keep the worksheet for your records for future years.
OR, let TurboTax track it, but you may not use TurboTax forever.
