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Kagancpa
New Member

NJ Income Tax Exclude US Treasury Gains and Interest

It's time that Intuit fix the problem with US Treasury Gains.  It appears that if you sold treasuries before maturity, it is now properly excluding the gain.  However, if the security matures, it does not exclude the redemption from NJ Taxable income.  I tried manually adjusting it.  However, it did not carry it forward to NJ 1040. Also, the omit option does not work correctly for gains or redemptions. They need to fix this problem, which looks like it has been identified for years. 

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