Question

W-2 shows incorrect state

Forum|Forum|2 years ago
January 19, 2024
2 replies
0 views

Company that I retired & receive a pension from changed payroll companies during the year. For some reason, the company put NJ as my residence for 3 months & withheld NJ state tax. I haven’t lived there for 25 yrs. I thought we had it straightened out & my current state of FL has no state tax. I received W-2 this week which shows 3 mos pension as NJ income. Does thus mean I need to file a NJ return now? I don’t care about getting the state withholding back, it wasn’t that much.

T

TomK2023

Maybe. If you are a nonresident and your income for the entire year was more than the filing threshold amount for your filing status, you must file a New Jersey nonresident tax return.

Single & MFS: $10,000

MFJ, HOH, Qualifying Widower: $20,000

Please see: New Jersey Treasury - Department of Taxation - Nonresidents

@linmar

[Edited 1/19/24 | 3:22PM]

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SteamTrain

Employee

1099-R right?

Pension distributions are rarely reported on a W-2.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

L

linmarAuthor

No, this income is on a W-2…..it is income that was part of a supplemental pension program for highly compensated employees. It’s treated as current payroll.