- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Those previously taxed TSP contributions become your NJ basis. When you later withdraw from the TSP, NJ allows an excludable portion representing recovery of that basis—calculated under:
the Three-Year Rule (if you’ll recover your contributions within 36 months and your employer contributed), or
the General Rule (otherwise).
TurboTax should let you pick one or the other.
February 16, 2026
8:24 AM