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March 9, 2025
Question

How do I answer the question to: Enter the New York City flexible benefits fund program amount that is allocable to New York State.

  • March 9, 2025
  • 1 reply
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What is IRC 125?

    1 reply

    LenaH
    March 10, 2025

    The IRC 125 is the amount of your cafeteria plan(s) that may be shown in Box14 of your W-2. They are pre-tax payroll deductions for certain medical and dependent care expenses. Please go back to you W-2 and enter the amount of your IRC 125 on the NYS screen shown below. If you do not have NYC flexible benefits allocable to NYS, then you should enter $0

     

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