22 Dec Can I take two 401(k) distributions under the CARES Act? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes The CARES Act allows you to take money from your 401(k) without penalty. ... Read More
17 Dec Can I deduct rental losses from another state? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes You may get a credit in New Jersey for a losses incurred in another state. ... Read More
17 Dec Should I worry about a 401(k) loan becoming a distribution? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes Rules for 401(k) loans have changed because of the coronavirus pandemic. ... Read More
14 Dec Can I get back the penalty charged on a 401(k) coronavirus withdrawal? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes You shouldn't be charged a penalty on an early withdrawal because of the CARES Act. ... Read More
14 Dec How does a 401(k) loan affect my husband’s unemployment benefits? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes Unemployment benefits should not be impacted by a 401(k) withdrawal. ... Read More
11 Dec I’m a Florida resident now. Will I owe the exit tax on my N.J. home? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes The exit tax is really just an estimated tax withheld when you sell a home and leave the state. ... Read More
09 Dec If I rent after I sell my home, do I have to pay taxes on the profit? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes Taxes owed on a home sale are determined by several specific rules. ... Read More
08 Dec When will I get a refund of the exit tax from my home sale? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes Tax authorities had slowdowns because of the coronavirus pandemic. ... Read More