<bharat.goyal[at]gmail.com> wrote:

- quote -

if its a rollover - probably not

- quote -

NJ taxes many things that are not taxed by the Fed - you
have to reconcile it to your last ytd paystub

___________________________________
<<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <-----

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<bharat.goyal[at]gmail.com> wrote:

- quote -

As a NJ resident, all your income is NJ income. The income
you earned while working in TX is not NY income. (You
probably file as a part-year resident and allocate that
income.)

Seth

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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?

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)

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