vitopulito
Level 2
2 weeks ago
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If a client who works for a state agency and pays into a company sponsored medical insurance, can that payment be placed on Schedule A as medical expenses?
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Level 15
2 weeks ago
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Thats generally pre-tax so no double dipping. Every now and then I get someone that pays medical post tax, but its not very often.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
vitopulito
Level 2
2 weeks ago
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Sorry to be clear, w2 federal reflects (sec.125) medical as a pre tax deduction but on the NJS line it reflect the gross amount.
Can this medical cost be taken as a medical expense on the NJS tax return?
Thank you for your response.
Level 15
2 weeks ago
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its money they received, and its taxable to NJ, if they spent it on medical expenses, it should be able to be included with other medical expenses for NJ. Does NJ allow you to add more than you did for federal?.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪