28 Oct Oct. 28, 2024
Photo: pixabay.comIt seems New Jerseyans don’t want to forget the term “the exit tax,” which readers of this newsletter know isn’t actually a separate tax, but an estimated tax payment after you sell a home. One reader asked if they’ll have to pay it.
The pension exclusion allows some people in the state to avoid paying income taxes at all. One reader asked if they qualify.
And most college students we hear from are looking for ways to pay for college. But one reader, a college student with income, asked whether they should invest extra cash in an Roth IRA.
See all that and more in this week’s eNewsletter.