topic NY/NY Cafe 125 as income and deduction in Deductions & credits

NY/NY Cafe 125 as income and deduction

tbxuser — Tue, 04 Mar 2025 17:32:00 GMT

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?

Re: NY/NY Cafe 125 as income and deduction

MaryK4 — Tue, 04 Mar 2025 18:15:58 GMT

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

Re: NY/NY Cafe 125 as income and deduction

tbxuser — Tue, 04 Mar 2025 18:19:13 GMT

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.

Re: NY/NY Cafe 125 as income and deduction

MaryK4 — Tue, 04 Mar 2025 18:52:55 GMT

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