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Posted by Benjamin Yazersky CPA on February 27, 2007, 3:36 pm
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> I moved from TX to NJ last year and have been working in NY.
> I transferred my 401k from my employer (my pre-tax
> contributions) in TX to my employer in NY. I received a
> 1099-R which has an amt for gross distribution (taxable amt
> = 0) and state listed as NJ.
>
> My question is: when I file form 1040 for Nj taxes, do I
> need to list this total distribution anywhere? Will I be
> taxed on this?
if its a rollover - probably not
> Please let me know.
>
> Also, I cannot figure out why my W-2 from NY emplyer has
> higher no for NJ income than NY income. My one income in
> 2006 was in TX (when I lived in TX) and from my employer in
> NY (living in NJ)
NJ taxes many things that are not taxed by the Fed - you
have to reconcile it to your last ytd paystub
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