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Medical Expense Worksheet - Line 2b - Automatic Calculation
I wanted to post a comment regarding the automatic calculation of this worksheet. I agree that this automatic calculation works in a state where the state does not provide any support. I live in NJ and received nearly 1200 in state subsidies as well. Since NJ doesn't reconcile this support, Turbo Tax does not realize that I actually paid less for my premiums. I am a 30+ year tax professional, so I could identify how the system was calculating, but I think that it is possible that non-tax professionals might not even notice this and then file their NJ tax return deducting more on the NJ (or federal if they itemize) in medical deductions.
March 28, 2024
11:55 AM