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-   -   401(k) early withdrawal and NJ State taxes (https://www.askmehelpdesk.com/showthread.php?t=196369)

  • Mar 19, 2008, 12:13 PM
    NurseCD
    401(k) early withdrawal and NJ State taxes
    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
  • Mar 19, 2008, 12:14 PM
    ScottGem
    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.

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