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.

Reporting capital gains/losses on US Treasuries on New Jersey return

How do you enter capital gains/losses on US Treasuries, which are included in income for Federal purposes, but not New Jersey? I can enter my total capital gains/losses so Federal is correct but I can't delineate capital gains/losses related to treasuries (like you can with interest and dividends)  so my NJ return is incorrect. 

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.

2 Replies
maglib
Level 10

Reporting capital gains/losses on US Treasuries on New Jersey return

@raaa428   When you go through the NJ interview you will get to a section ADJUSTMENTS income and medical expenses.  choose to update it.

Go through the interview and you will get to a section:

"ANY Sales of property not subject to NJ tax?"

Answer yes if you sold any NJ or Federal Obligations

then it will give you the option to OMIT by checking the gain.

 

**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer"
I am NOT an expert and you should confirm with a tax expert.

Reporting capital gains/losses on US Treasuries on New Jersey return

Thanks so much. Solved the problem 

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