The deductions for State of NJ box 14 have increased for 2020. The amounts on the program have not been updated. any thoughts on this subject?
This discussion has been locked. No new contributions can be made. You may start a new discussion here
Not ready yet. Since the program does not calculate them on the W2, you have to input them anyway. Last year it took a while to get the program to warn you if the amounts were too high.
The real problem is the NJ 2450 when a taxpayer has more than one job and the NJ credits are needed.
Program has been updated and the amounts are correct both in federal and New Jersey. I am referring to W2 for Box 14. Also NJ form 2450 is calculating the amounts correctly as well.
Hope this helps our community.
I just updated this past minute-the NJ amounts on the 2450 are updated, but the limits on the W2 box 14 have not been updated.
They are not automatic and must be input.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.