2020 NJ 1040 tax return Covid Distribution 3 year spread. Was there a late NJ return proseries update?
For 2020, I efiled both 2020 federal and NJ return. I took the 3 year covid distribution $60,000/ 3 years.
I took $20,000 as income for federal return. NJ retun had no choice and recognized $60,000.
When I efiled NJ on 4/18/21, NJ took the entire $60,000 as CRD income. there was no 3 year spreading.
I printed and saved a hard copy of NJ return. Now when I go back into the tax software for 2020 NJ return, $60,000 was spread automatically the $20,000 as income for NJ.
Proseries does not have a reconcilation form of efiled amount versus amounts reported on NJ return. I heard NJ had an update late May 2021 after I efiled. Is anyone seeing this or is there a ghost in my computer?
I wish Proseries can give an alert of what happened for 2020 NJ tax return for covid distribution.
2021 federal and state look okay for 3 year covid spread.
thanks, john
