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Retirement tax questions
I was commenting in regard to the questions TurboTax asks in regard to the federal tax return; I failed to see that you were asking in regard to your state tax return. I don't know why TurboTax would ask similar questions for a NJ tax return in regard to a distribution from a traditional IRA.
[Edit] The method of applying the NJ basis does seem to depend on how the distributions are made if made over several years.
March 3, 2020
11:57 AM