With or without the NJ Exit Tax, I will be paying capital gains tax.
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Here are the steps for entering the estimated taxes paid
Click the Federal Taxes tab
Click the Deductions & Credits subtopic
Click " I'll choose what I work on"
Scroll down to Estimates and Other Taxes Paid
Under "Other Income Taxes" click Start (or Update if previously visited)
Scroll down to "Withholding not already entered on a W-2 or 1099" click Start (or Update if previously visited)
Enter the $$ withheld in the State box and select New Jersey from the dropdown
Please see this article on NJ.com for more information on the subject:
http://www.nj.com/business/index.ssf/2014/07/your_money_njs_exit_tax_and_home_sales.html
Here are the steps for entering the estimated taxes paid
Click the Federal Taxes tab
Click the Deductions & Credits subtopic
Click " I'll choose what I work on"
Scroll down to Estimates and Other Taxes Paid
Under "Other Income Taxes" click Start (or Update if previously visited)
Scroll down to "Withholding not already entered on a W-2 or 1099" click Start (or Update if previously visited)
Enter the $$ 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
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