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Retirement tax questions
Michael, can you clarify please? I have researched this and was under the impression that contributions to the federal TSP were not treated by NJ as 401(k) contributions and must be added to NJ gross income. I discussed with the someone at NJ Tax Dept recently. NJ does not tax the money when it is taken out - later in retirement. NJ seems to do the opposite of the federal. Did something change recently?
‎June 3, 2019
11:55 AM