- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Thanks!
I understand this to mean I cannot claim the full COBRA payment on my federal return in the section for medical insurance premiums in schedule A, only the amount not covered by the HCTC credit.
I still have one question not clearly answered....for NJ state return...do I claim the full COBRA costs or the cost reduced by the HCTC credit? Since COBRA was all after tax I am not sure what you meant.
March 9, 2021
5:06 AM