tdmailbox[at]yahoo.com wrote:

- quote -

Assuming we are nor dealing with disability, NJ only exempts
military pensions and railroad retirement. All others are
taxable. NJ provides a pension exclusion for those age 62
or higher of up to $20,000 on a joint return, $15,000
single,HOH or QW and $10,000 for MFS. If you qualify for the
military exemption, then Line 19a would be blank. If you
qualify for the exclusion, then 19a should have the federal
taxable amount and 19b would have the exclusion.

--
Alan
http://taxtopics.net

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I'm 62 years old as of Feb 2004. My non-contributory
pensions amounted to $23,807 and was reported on my Federal
1040 using TurboTax. When I transferred these numbers to New
Jersey's 1040, (Using TurboTax for NJ), none of the amount
appeared on line 19A, 19b and 28.

Do I qualify for New Jersey Pension Exclusion? I've read
the Line-by-Line instructions and all they did was confuse
me more. Does anyone have a plain English answer to my
question.

THANKS

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