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New Member
posted Mar 2, 2024 1:46:01 PM

Unrecovered Contributions for NJ

Under IRA Information, do I need to enter the values of all my IRAs, which is a Roth and a rollover IRA?

 

Then on the IRA Withdrawal screen,

1. do I enter the same the combined total of the Roth and Rollover IRA as of 2022? 

2. What do I enter for the Taxable Contributions made to IRA during 2023 (is this the amount I contributed to the Roth)?

 

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1 Replies
Expert Alumni
Mar 3, 2024 9:53:04 AM

1.Yes, if you made Roth conversion in the past then you will include them in the 2022 unrecovered contribution amount.

 

2. Yes, if you made Roth IRA contributions during 2023 then you will enter them for the Taxable Contributions made to IRA during 2023.