frankchiacchio
Level 1
3 weeks ago
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My client tells me a portion of his NJ PFRS pension is not taxable in NJ for the first three years of collecting it. He made bi-weekly contributions during his career. But, he is unable to come up with the total contribution amount.
A NJ pension fact sheet does not give many specifics.
Can anyone offer some guidance ?
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George4Tacks
Level 15
3 weeks ago
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Tell him to do more research. Ex employer or the pension board should have it. Actually there is a place for it on the 1099R.
Answers are easy. Questions are hard!
frankchiacchio
Level 1
3 weeks ago
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Thank you for your help
linda2
Level 5
2 weeks ago
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He needs to contact the NJ Division of Pensions. They have a letter with the pension information including total contributions.
