turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

Rich RAS
New Member

403b distribution my nj contributions should not be taxed again in nj state, There is a line 20b for this on the NJ state form. How do if find this in turbotax?

I haven't found a way to adjust the already taxed employee contributions.  The problem seems to be that Turbo Tax only refers to retirement accounts as "IRA"  They never ask you whether the funds came from a 401k or 403b.  In New Jersey this matters greatly if those funds were employee contributions to the plan.  At the moment I don't have an answer and plan to NOT use Turbo Tax for the New Jersey filing.  I'll do that by hand.

403b distribution my nj contributions should not be taxed again in nj state, There is a line 20b for this on the NJ state form. How do if find this in turbotax?

You have a basis in your IRA as far as NJ is concerned because you could not deduct IRA contributions from your NJ taxable income in all those past years.

 

for a 401k, or 403b see here:

https://www.state.nj.us/treasury/taxation/pdf/pubs/tgi-ee/git1.pdf

 

TurboTax supports the Three-year Rule and the General Rule for New Jersey, if applicable.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question