qbteachmt
Level 15
04-01-2022
05:12 PM
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"Reporting Distributions
The Division is flexible in reporting CRD distributions. You can report income over three years or in one year (the year of distribution). In either case, you must use State reporting calculations to determine the New Jersey taxable and excludable amounts, since most retirement plans include previously taxed contributions."
From: https://www.state.nj.us/treasury/taxation/covidpension.shtml
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers