combined spousal IRA withdrawals

[DHNJ]

On the New Jersey Pensions Wks TP and SP "Pensions, Annuities and IRA Withdrawals", I want to combine TP and SP RMD columns.  For years I've had to do this on a spreadsheet and transfer the data to NJ 1040 from Worksheet C.  When will TurboTax allow this option?

[fanfare]

Worksheet C-TP and worksheet C-SP are used only for IRAs.

[DHNJ]

Fanfare,

    I only want to combine SP and TP on one worksheet C, which is allowed for various reasons.

  However, your comment relates to an actual TurboTax error: On New Jersey  TP and SP worksheet C, the first column "Check if this is an IRA distribution" should (X) the box for "an IRA, 403(b) or 401(a) distribution".  I have to (X) the box manually every year for my RMDs from 403(b) and 401(a) annuities!  See this online:   Post by DonCamillo » Mon Feb 27, 2017 12:54 pm  (bold is my emphasis.)

"I just had a major effort to correctly pay taxes on my retirement accounts in NJ using Turbo Tax. It took research on the part of a senior analyst at Turbo Tax."  [...]  "Contributions to a 401(a), 403(b) or 457(b) are not excludable from income, so you have to avoid double taxation by using the Federal General Rule (IRS Publication 939). Turbo tax does not handle this at all in the interview format. You have to go into the NJ Form (by clicking the Forms icon on the top ....) and do the calculations yourself. "

[DHNJ]

Turbotax Deluxe experts, PLEASE respond to my two questions regarding NJ worksheet C:

1. Is there an option to combine SP and TP forms into one Worksheet?  This option is required when the SP Contributions (line 4a or 4b) can't be easily separated from TP Contributions.

and,

2.  When 403b and 401a withdrawals are entered into TurboTax from 1099-R forms, the income is NOT automatically included on NJ-1040, line 20a.  This has been a VERY serious and well-known issue since at least 2017, as mentioned in my first reply above, and I found that it was also reported to the community ‎by dmueller on June 4, 2019 4:37 PM, but it was never resolved.

Thanks for your help!

[fanfare]

"   I only want to combine SP and TP on one worksheet C, which is allowed for various reasons."

enter the combined amounts on one worksheet only and ignore the other.

I don't get it. What's stopping you?

By the way, the original post you cited/quoted says nothing about combining worksheets.

@DHNJ 

[DHNJ]

Fanfare said: "enter the combined amounts on one worksheet only and ignore the other.  I don't get it. What's stopping you?"

DHNJ replies:

1. Manually combining on one worksheet in TT? and e-filing the TT form NJ-1040? Details please.

2. The 2017 quote  corrected your statement that only IRAs are taxed.  What about 401a and 403b RMDs?

[fanfare]

:"For years I've had to do this on a spreadsheet and transfer the data to NJ 1040 from Worksheet C. "

Sorry I don't have those plans so I've never had to calculate using the Three Year Rule or the General Rule.

I don't understand what you're trying to accomplish.

Are you able to e-File?

If so, using a spreadsheet is a common way to get the correct numbers for your tax return.

"ttransfer the data to NJ 1040 from Worksheet C."

I don't get this either, This implies you can already enter the correct amounts on Worksheet C.

@DHNJ 

[DHNJ]

    It's OK; many people don't get it, so I'll explain.  NJ tax law "double taxes" my TP contribution "portion" of RMDs unless I tracked ALL of them over 40+ years.  I have a spreadsheet of all TP personal and school-matched contributions (IRA, 401a and 403b) to prove that NJ already taxed a portion of them.  But a second spreadsheet is required to prove all "unrecovered contributions" from ALL past Worksheet C's.  The problem is compounded when I have to separate and track SP contributions for 40+ years, along with SP unrecovered contributions!! 

     TT's NJ forms can help with some past record keeping, but TT assumes that you have done a lot of this  before entering RMD 1099-Rs.  However, the "known issue" with TT worksheet C (since at least 2017!)  is that the first column only puts an 'x' in the box for IRA 1099-R entries, and does not 'x' the box for 403b and 401a 1099-R entries as "taxable income"; so the result reported on the NJ-1040 line 20a is way off!!  

    In any case, there's no need to reply.  unless you can refer these 2 questions to a TT Expert in NJ-1040.  Perhaps an "Employee Tax Expert" can fix TT worksheet C. and also allow combined TP and SP entries as well.   But  thanks for trying to help.

[fanfare]

If TurboTax does not meed your needs, maybe you need different tax software with more flexibility in the NJ State program.

I could suggest something, but we're not allowed to name other programs on this forum.

@DHNJ 

[DHNJ]

Thanks but after 20+ years, I've gotten used to TT, 'warts' and all.  Any idea how I can ask a TT "Employee Expert", like DaveF1006 or MinhT1 or someone else who usually answers NJ questions?

Thanks again.