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Level 2
July 19, 2022
Question

NJ 1040 LINE 20B

  • July 19, 2022
  • 1 reply
  • 15 views

Hello All!

I am having a problem getting the line 20b on the NJ 1040 to populate. The client has a TSP account he received a 1099-R. He already paid the tax on the contributions so 75% of the distribution is non-taxable. When I enter the 25% or 75%  in line 9a  nothing flows over to NJ 

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1 reply

ljr
Level 9
July 19, 2022

did you code box 15-1 on the 1099-r worksheet to NJ?

kbtaxladyAuthor
Level 2
July 28, 2022

it did not change the return