turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Where do I report NJ Exit tax paid to NJ on sale of PRIMARY home sold at a profit in 2015?

With or without the NJ Exit Tax, I will be paying capital gains tax.

Connect with an expert
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.

1 Best answer

Accepted Solutions
BGray
Intuit Alumni

Where do I report NJ Exit tax paid to NJ on sale of PRIMARY home sold at a profit in 2015?

Here are the steps for entering the estimated taxes paid

  1. Click the Federal Taxes tab

  2. Click the Deductions & Credits subtopic

  3. Click " I'll choose what I work on"

  4. Scroll down to Estimates and Other Taxes Paid

  5. Under "Other Income Taxes" click Start (or Update if previously visited)

  6. Scroll down to "Withholding not already entered on a W-2 or 1099"  click Start (or Update if previously visited)

  7. Enter the $$ withheld in the State box and select New Jersey from the dropdown

Please see this article on NJ.com for more information on the subject:

http://www.nj.com/business/index.ssf/2014/07/your_money_njs_exit_tax_and_home_sales.html

View solution in original post

1 Reply
BGray
Intuit Alumni

Where do I report NJ Exit tax paid to NJ on sale of PRIMARY home sold at a profit in 2015?

Here are the steps for entering the estimated taxes paid

  1. Click the Federal Taxes tab

  2. Click the Deductions & Credits subtopic

  3. Click " I'll choose what I work on"

  4. Scroll down to Estimates and Other Taxes Paid

  5. Under "Other Income Taxes" click Start (or Update if previously visited)

  6. Scroll down to "Withholding not already entered on a W-2 or 1099"  click Start (or Update if previously visited)

  7. Enter the $$ withheld in the State box and select New Jersey from the dropdown

Please see this article on NJ.com for more information on the subject:

http://www.nj.com/business/index.ssf/2014/07/your_money_njs_exit_tax_and_home_sales.html

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies