Question

On my State Tax return, how much of my medical expenses can I actually claim? it says that NJ lets you claim medical expenses in excess of 2% of your income.

Forum|Forum|2 years ago
February 5, 2024
1 reply
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Say I have somewhere along the lines of $8300 in medical expenses but I also have $2500 in Flex Spending acct and apparently I somewhere around $6900 in Pretax Benefits. With that hypothetical numbers could I legally claim anything or not?

TurboTax Deluxe Online

KrisD15

If all your medical expenses were paid for with pre-tax dollars, you cannot again use those expenses for a deduction or credit.

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J

jennhall18Author

Shouldn’t I be able to take the total number of medical bills minus the pretax dollars and add that number for state taxes? The other pretax number an estimate of what was paid pretax for the actual insurances.

KrisD15

Medical premiums are also medical expenses if paid for with after-tax dollars.

Yes, add ALL your medical expenses including premiums you paid, and then subtract the amount that was paid with pre-tax dollars and the result (the expenses paid for with after-tax dollars) is the amount you can claim.

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