This is my Second Year of filing FED and STATE return for a Traditional IRA (Pre-Tax) to ROTH IRA Conversion. NJ State has already taxed my Federal TSP contributions, however, NJ Division of Taxation requires filing taxes on TSP earnings. Therefore, a partial taxable amount is required (i.e. NOT a full conversion of the ROTH Conversion Amount).
The PROCESS of seamlessly transferring tax data from the TurboTax FED forms in to the TurboTax STATE forms lacks clarity; i.e. in other than patchy messages from "reddit users" etc. Is there a more formal discussion about handling this TurboTax FED to NJ State form data transfer and any tips/cautions on the full process. I know this is a big ask! Any help , suggestions or link updates would be appreciated.
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When you are completing your New Jersey tax return there will be a screen discussing the Roth conversion. You'll be able to enter amounts previously taxed by New Jersey that aren't taxed now. Look at this thread for screenshots.
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