Question

NY/NY Cafe 125 as income and deduction

Forum|Forum|1 year ago
March 4, 2025
1 reply
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Work in NY and live in NJ (box 1 and 16 is same)

After adding all the Cafe 125 items (health care premium/dental/vision/fsa/commuter) as income in NJ reporting, do I then add all of the cafe 125 items (health care premium/dental/vision/fsa/commuter) as a Medical expense or just the health care insurance premium?

M

MAK70

Just the healthcare premiums qualify as the Medical Expense for New Jersey.

T

tbxuserAuthor

Thank you. I"m trying to get clarification for the deduction listed here,

https://www.nj.gov/treasury/taxation/njit13.shtml#:~:text=Insurance%20premiums%2C%20including%20amounts%20paid,allowable%20on%20your%20federal%20return.

M

MAK70

The Medicare premiums would be amounts reported on your SSA-1099 if you are collecting social security or that you pay out of pocket if you are eligible for Medicare but not collecting the social security. You can also deduct any expenses for travel for medical treatment, like trips to the doctors office etc. If you keep a log, the rate is 21 cents. For New Jersey, however, you must have included the travel deduction on your Schedule A on the federal return. @tbxuser