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Medical Co-Payment Dedection / Credit, NJ and Federal ?
Hi,
Do I have this correct?
I paid $3900 over 12 months in bi-weekly deductions from my check for health insurance. My employer paid the rest of the premium.
So, I see block 1 on my W2 is 3900 less than block 18. I assume that's the extent of how you get the credit deduction federally?
And I assume being a gross income state, you get nothing back for the 3900 from NJ?
Thank you!
March 21, 2020
8:05 PM