Can I add IRC 414H on my Federal form as a medical deduction. I know it is taxable in NYS.
You'll need to sign in or create an account to connect with an expert.
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.
It is taxable in NYS. You should see the program moved it from box 14 of your w2 to the NY IT-201, line21.
rjs is correct that you can't take a deduction on dollars that are not taxed by the federal for the federal return.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ltcolumbo0
Level 1
tyguy60
New Member
bbanner
New Member
jtardiff13
New Member
jenxue329
New Member