The 1099-R distrib under NJ's "3 year rule"is not taxable by NJ. It is "returning" contribs that were already taxed by NJ. In Box 2b - there isn't an X anywhere. Help?

stewarttoo · ‎June 6, 2019

IsabellaG · ‎June 6, 2019

Yes, you have to check in the screen that follows your 1099-R entry that this distribution qualifies for the 3 year rule. See the screenshot below.

Then in the retirement section of the NJ return, how that you are getting back your contributions under the Three Year Rule, and none of the distribution is taxable this year. See the screenshot.

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The 1099-R distrib under NJ's "3 year rule"is not taxable by NJ. It is "returning" contribs that were already taxed by NJ. In Box 2b - there isn't an X anywhere. Help?

The 1099-R distrib under NJ's "3 year rule"is not taxable by NJ. It is "returning" contribs that were already taxed by NJ. In Box 2b - there isn't an X anywhere. Help?

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The 1099-R distrib under NJ's "3 year rule"is not taxable by NJ. It is "returning" contribs that were already taxed by NJ. In Box 2b - there isn't an X anywhere. Help?

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The 1099-R distrib under NJ's "3 year rule"is not taxable by NJ. It is "returning" contribs that were already taxed by NJ. In Box 2b - there isn't an X anywhere. Help?

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