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NurseCD
Mar 19, 2008, 12:13 PM
I took a non-hardship early withdrawal from my 401(k). My question is about NJ state taxes due. Do I owe NJ state taxes on this amount for the April filing? Thanks

ScottGem
Mar 19, 2008, 12:14 PM
Yes the amount listed on your 1099 is added to your total income on both Federal and state returns to be used in calculating the taxes owed.

The 10% penalty however is only Federal.