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Coronavirus-related distributions
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Michelle7
Level 3
04-22-2021
03:59 PM
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How do you enter in a New Jersey individual the $100,000 coronavirus-related distributions that were paid back? NJ seems to be taxing the entire distribution even though it is coded correctly in the federal 1040.
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dkh
Level 15
04-24-2021
08:16 AM
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Let's clarify some information: your client took the $100,000 in 2020 but qualified for a rollover for some of the money?
