IRC 414H
Can I add IRC 414H on my Federal form as a medical deduction. I know it is taxable in NYS.
Can I add IRC 414H on my Federal form as a medical deduction. I know it is taxable in NYS.
Expert Reviewed
IRC 414(h) is not a medical expense. It's a pension plan. It is already excluded from your federal wages in box 1 of your W-2. You can't deduct it again.
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