Gain Losses Report for New Jersey

[yvk_99]

I have a lot of stock transactions for 2020...I have written 'Various' and entered values on Sch NJ DOP.

Do I have to mail in a statement to NJ  detailing the stock transactions --

just like how I mail in 8949 detail reports for Federal with stock transactions?

[ErnieS0 · Accepted solution]

No. You do not have to mail a statement to NJ detailing stock transactions. The instructions for NJ-DOP say to keep a copy of the schedule for your records.

New Jersey and the federal government share information.

[fanfare · Accepted solution]

@yvk_99 

If you file NJ tax return by mail,  enclose NJ-DOP with your return.

This is another reason to use the Summary option ( recommended) with consolidated 1099-B.