I have a question regarding New Jersey Tax Return (NJ-1040) for the year 2004. In line 31 Medical Expenses, can I deduct my monthly health insurance plan premium? My company detuct this premium from my monthly pay check. But the W2 form box
16 "State wages, tips" still include this amount. For example my monthly salary is $X. Our company offer group health care insurance plan and the monthly premium I have to pay is $Y. The monthly pay check I received from my company is thus $X - $Y. The W2 form box 16 "State Wages, tips" show $12X. So can I detuct $12Y as medical expnse in the form NJ-1040 line 31? Note that W2 form box 1 for federal wage shows $12X - $12Y.- posted
19 years ago