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NJ tax returns - Cafe125 and its classification as income
Hi, in my NJ W2, I have my gross income, less "Cafe 125". From my understanding, this deducts taxable income which seems pretty straightforward. I've inserted the question on the NJ tax returns I am confused on below. However, I'm confused as to whether-this CAFE 125 classifies under 'other wage adjustments'. Is Cafe 125 a cafeteria plan contribution, and would I list this amount as an other wage? I understand it makes less of my income taxable, but does that make it count as other wage adjustments?
‎June 7, 2020
2:23 AM