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NJ State Tax Reporting for Backdoor Roth IRA Conversion

When completing my New Jersey state tax return, I encountered a field labeled

  • Contributions related to this distribution previously taxed by New Jersey. 

Could someone please clarify what I should enter in this field?

 

Context: I performed a backdoor Roth IRA conversion in 2023. In 2023, I contributed $6500 to a traditional IRA, which accrued $2 in interest by the time I converted the entire amount ($6502) to a Roth IRA. Should I include the full $6500 contribution amount, considering it was contributed to the traditional IRA or $6502 or some other field from my form 1099-R?

 

TT Roth Conversion Query.png

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Any assistance with this matter would be greatly appreciated. Thank you in advance!

 

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1 Best answer

Accepted Solutions
DanaB27
Expert Alumni

NJ State Tax Reporting for Backdoor Roth IRA Conversion

You will enter the $6,500.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
DanaB27
Expert Alumni

NJ State Tax Reporting for Backdoor Roth IRA Conversion

You will enter the $6,500.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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