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April 1, 2025
Question

do i have to pay nj state tax on an 401k rollover

  • April 1, 2025
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    April 1, 2025

    If you convert a 401(k) plan to an IRA — meaning the funds go from one financial institution to another, not to you — that is a rollover, which is not taxable.

     

    NJ Income Tax Guide

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