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NJ Tax. My 401k deductions were taxed by NJ. Now, we are doing RMD and distribution/conversion to Roth IRA. TT makes the entire 401k/IRA distribution as taxable.
For one 401K account, we did rollover to IRA two years ago. Now, we are getting RMD distribution from this IRA. For another 401K, we did partial rollover to IRA, then, convert to Roth IRA. TT makes all the IRA distributions, including RMD and conversion, taxable income by NJ. But, most of the 401K deductions were taxed by NJ already. Where can we indicate this to TT on this?
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‎June 6, 2019
1:20 AM