From this NJ state document in the Medical expenses deduction area: https://www.nj.gov/treasury/taxation/njit13.shtml
This phrase - "including amounts paid under Social Security for Medicare" - what does this even mean?
Is that referring to: Box 6 on my W-2 (total YTD for Fed MED/EE on my last paystub of 2024)?
Or, is this referring to individuals who are collecting Social Security and paying for Medicare premiums?
I assuming it is referring to individuals who are collecting Social Security and paying for Medicare premiums, as I notice that adding up my FSA contributions, Medical, Dental, and Vision premiums to my federal wages (Box 1) equals my state wages (Box 16).
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Yes, it is referring to the Medicare premiums you have taken out of your SS payment, like for Part B.
That's good reasoning...
Yes, it is referring to the Medicare premiums you have taken out of your SS payment, like for Part B.
That's good reasoning...
Thanks!
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