topic My husband rolled over from a 401K to an SEP IRA as he no longer works. Is this the same as a SIMPLE IRA? Do I have to enter this for my NJ taxes? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/my-husband-rolled-over-from-a-401k-to-an-sep-ira-as-he-no-longer-works-is-this-the-same-as-a-simple/01/436570#M39905 Tue, 04 Jun 2019 22:05:49 GMT nfcole 2019-06-04T22:05:49Z My husband rolled over from a 401K to an SEP IRA as he no longer works. Is this the same as a SIMPLE IRA? Do I have to enter this for my NJ taxes? https://ttlc.intuit.com/community/retirement/discussion/my-husband-rolled-over-from-a-401k-to-an-sep-ira-as-he-no-longer-works-is-this-the-same-as-a-simple/01/436570#M39905 Tue, 04 Jun 2019 22:05:49 GMT https://ttlc.intuit.com/community/retirement/discussion/my-husband-rolled-over-from-a-401k-to-an-sep-ira-as-he-no-longer-works-is-this-the-same-as-a-simple/01/436570#M39905 nfcole 2019-06-04T22:05:49Z A SEP is not the same as Simple IRA, but they are similar... https://ttlc.intuit.com/community/retirement/discussion/a-sep-is-not-the-same-as-simple-ira-but-they-are-similar/01/436577#M39907 <P>A SEP is not the same as Simple IRA, but they are similar.&nbsp; If he did a direct rollover or took a distribution and deposited the funds in the SEP within 60 days, then it is not taxable for federal or state.&nbsp; He should have received a 1099-R, which will have to be reported, but just be sure to answer the question "What did you do with the money?" properly.&nbsp; See screen shots below.<BR /></P> Tue, 04 Jun 2019 22:05:51 GMT https://ttlc.intuit.com/community/retirement/discussion/a-sep-is-not-the-same-as-simple-ira-but-they-are-similar/01/436577#M39907 DDollar 2019-06-04T22:05:51Z