Ny pfl turbotax

How is PFL benefit calculated in NY? The weekly Paid Family Leave benefit for 2021 is set at 67% of an employee’s average weekly wage (AWW), capped at 67% of the current NY State’s Average Weekly Wage (NYSAWW) of $1,450.17*. This means, the maximum weekly benefit for 2021 is $971.61 even if your AWW is higher than the …

Box 14 entries should technically not be a negative number since they are withheld from your pay. Unemployment insurance (UI)/workforce development partnership fund (WF)/supplemental workforce fund (SWF) contributions should be a positive number on your W-2 in Box 14. Disability insurance (DI) contributions should also be a positive number in ...NY paid family leave is a program similar to state disability insurance. This tax is federally deductible (though with tax reform changes it will be harder to see a tax benefit). You should choose "Other mandatory deductible state or local tax not on above list" - see screenshot below.The odds of an IRS tax audit are under 1% if you make between $1 and $500,000: 123 points • 39 comments. 147. 78. r/tax. Join. • 23 days ago. (UPDATE) IRS told me I owed 40k in taxes on day trading from 2021. Thanks to this community, I was able to update my taxes and it looks like everything is going to be okay.The Theater at Madison Square Garden, New York, NY. Aug 15: The Ultimate Fighter 31 Semifinal: McGregor vs. Chandler: ... 2023 PFL Europe Regular Season: United Kingdom: Vertu Motors Arena, Newcastle.On this year's New York State W-2 in Box 14 there is "NYPFL" which is for New York Paid Family Leave. What category description should I choose for this box 14 entry? @francescangeli83 The exact wording is slightly different in different places in TurboTax, but they are all the same category.

Generally, no. Sick pay is usually reserved for short, health-related absences, for example a cold or flu, staying home to care for a child who's normally in school, or recovering from minor outpatient or dental procedures. Paid Family Leave, on the other hand, relates to a paid absence from work for an extended period of time, for a qualifying ...Set up the Paid Family Leave deduction at Employees > Deductions & Benefits. Click on the Deductions tab and click New to add the PFL as a deduction. Name – Enter the name of the deduction (such as "NY PFL"). Account – Necessary if you are using the Bookkeeping function. Amount – Enter the same percentage as in the Family Leave Rate field ...September 13, 2017. 2017-1476. New York paid family leave benefits are taxable, contributions must be made on after-tax basis. After discussions with the Internal Revenue Service and its review of other legal sources, the New York Department of Taxation and Finance issued guidance regarding the tax implications of its new paid family leave ...The enactment of paid sick leave laws began as a state and local employment law trend roughly a decade ago, gaining substantial momentum in the mid-2010's. Amidst this wave, New York City adopted a paid sick leave law in April 2014. The City Council later amended the law - in May 2018 - to provide employees with "safe leave" as well.HOW TO REQUEST PAID FAMILY LEAVE ... For more information, visit PaidFamilyLeave.ny.gov or call (844) 337-6303. 2. Request for Paid Family Leave (Form PFL-1) Instructions • To request Paid Family Leave (PFL), the employee requesting PFL must complete Part A of the .Tax Year 2022. For tax year 2022, the Child Tax Credit reverts back to the benefits available prior to the American Rescue Plan as follows: Reverts back to up to $2,000 for 2022 - 2025. Each dependent child must be under age 17. Refundable up to $1,400, but no longer fully refundable. Advance payments were not issued for tax year 2022.Box 14 entries should technically not be a negative number since they are withheld from your pay. Unemployment insurance (UI)/workforce development partnership fund (WF)/supplemental workforce fund (SWF) contributions should be a positive number on your W-2 in Box 14. Disability insurance (DI) contributions should also be a positive number in ...New York State Paid Family Leave Updates for 2023 Learn how Paid Family Leave may be able to help you and your family in 2023. 2023 Updates . Gender Wage Gap Hub. The Department of Labor's 2023 Gender Wage Gap Report includes three parental leave-related recommendations to help close the gender wage gap. Learn more via our Gender Wage Gap Hub.

For TurboTax Live Full Service, your tax expert will amend your 2022 tax return for you through 11/15/2023. After 11/15/2023, TurboTax Live Full Service customers will be able to amend their 2022 tax return themselves using the Easy Online Amend process described above. #1 best-selling tax software: Based on aggregated sales data for all tax ...Paid Family Leave, under New York State law, is paid, job-protected time off to bond with a new child, care for a family member with a serious health condition, assist one's family if a member is deployed on active military service outside the United States and—beginning in 2021—provide care for family members who have contracted COVID-19.Entering 414H and IRC125 information on NY state returns. Some examples of Box 14 information and correct codes for electronic filing are listed below. In some instances, an employer may have erroneously reported amounts in Box 12 that should have been reported in Box 14. If the amounts reported on the electronically filed Form W …Paid Family Leave, under New York State law, is paid, job-protected time off to bond with a new child, care for a family member with a serious health condition, assist one's family if a member is deployed on active military service outside the United States and—beginning in 2021—provide care for family members who have contracted COVID-19.

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TURBOTAX; Certified does your corporate. Back. Expert has your fiskale. An subject does your return, start to finish. Thorough Service for personal taxes Full Service forward business fiskale. Do it yourself. Back. Do is yourself. We'll travel you step-by-step.Mar 17, 2022 · I received a 1099-MISC for NY Family Leave pay that I received. Turbo Tax is entering it as business income and I am incurring a 15.3% self-employment tax in addition to federal tax. My refund was reduced by $4439 on $11659 income. The New York State PFL law was passed by the state of New York in April 2016. It provides employees working in New York with job-protected paid leave to bond with a new child, care for a family member's serious health condition, or deal with qualifying military exigencies. PFL doesn't provide leave or wage replacement benefits for the ...Amounts called “PFL” that are paid by your employer and which appear on the W-2 from your employer are taxable both on the federal level and by the state of …Part-time employees may be eligible for Paid Family Leave. Part-time employees who work a regular schedule of less than 20 hours per week for a covered employer are eligible to take Paid Family Leave after working 175 days for their employer, which do not need to be consecutive, unless they qualify for and have executed a waiver.The odds of an IRS tax audit are under 1% if you make between $1 and $500,000: 123 points • 39 comments. 147. 78. r/tax. Join. • 23 days ago. (UPDATE) IRS told me I owed 40k in taxes on day trading from 2021. Thanks to this community, I was able to update my taxes and it looks like everything is going to be okay.

Temporary disability, such as an injury, serious medical condition, other even pregnancy, can be covered by short-term disability payments obtained through private insurers, state insurance programs and they may be part from an employer's compensation to employees. Determine the payments been chargeable depends on how and wenn they are gainful.If you have difficulty in obtaining the Paid Family Leave forms or need help in completing these forms, please contact the PFL Helpline at (844)-337-6303. All Paid Family Leave Forms Filter OptionsW A Harriman Campus, Albany NY 12227 www.tax.ny.gov N-17-12 Important Notice August 2017 New York State’s New Paid Family Leave Program The State’s new Paid Family Leave program has tax implications for New York employees, employers, and insurance carriers, including self-insured employers, employer The SAWW is updated annually. For 2023, the maximum weekly benefit is $1,131.08. For 2024, the maximum weekly benefit is $1,151.16. See the Updates for 2024 page for more details on what's new for 2024. If your average weekly wage is more than $100, the minimum benefit amount is $100. If your average weekly wage is less than $100, you will ...EXAMPLE: Filing Information for New York State residents. If you are a New York State resident you must file Form IT-201, ... I went thru the entire entry process for Federal and both NY and NJ state returns on turbo tax and am getting small refunds of under $200 from each state. I paid NJ state tax of almost $2400 and almost $1800 in NY state tax.r/FluentInFinance • 10 days ago • u/TonyLiberty. The odds of an IRS tax audit are under 1% if you make between $1 and $500,000: 123 points • 39 comments. 147. 78. r/tax. Join. • …What it is. The New York COVID-19 Quarantine Order legislation that was signed by the Governor of New York on March 18, 2020 provides for paid sick leave and paid statutory disability (DBL) and paid family leave (PFL) benefits for workers who are unable to work due to an individualized mandatory or precautionary order of quarantine or isolation ...The New York State PFL law was passed by the state of New York in April 2016. It provides employees working in New York with job-protected paid leave to bond with a new child, care for a family member’s serious health condition, or deal with qualifying military exigencies. PFL doesn’t provide leave or wage replacement benefits for the ...New York State specified that the Paid Family Leave Program is employee-funded, and that employers shall collect an employee contribution through a payroll deduction determined annually by the New York State Department of Financial Services. For 2022: NYS left the deduction rate unchanged at .511%, and increased the maximum withholding to $423. ...TURBOTAX; Expert does your taxes. Back. Certified does your taxes. An expert does your return, start to finishes. Full Service for personelle taxes Full Support for business taxes. What it yourself. Back. Take it yourself. We'll guide you step-by-step.In TurboTax, enter the description from your W-2's box 14 on the first field in the row. Enter the dollar amount and select the correct tax category that goes with that description. If none of the categories apply, scroll to the bottom of the list and choose Other–not on above list. Don’t worry.

PFL-ov-graphic-2022-v1 9-21 NEW YORK PAID FAMILY LEAVE (PFL) BOND with a child CARE for a family member ASSIST military families Paid Family Leave may also be available for use in situations when you or your minor dependent child are under an order of quarantine or isolation due to COVID-19. See PaidFamilyLeave.ny.gov/COVID19 for full details ...

I have a NY HWB line in box 14 or my W2. It's supposed to be state and local exempt healthcare worker bonus. Not really sure what category im supposed to attach to it to make that function properly. Any ideas would be appreciated. I am wondering the same thing. I removed the line from box 14 and the return amount (or amount owed) didn't change ...Is medical leave or short-term/long-term disability considered paid family leave? No. Pay from your employer, a third-party insurer, or the government while you're unable to work due to a serious illness or injury is considered paid medical leave (PML) income. Example: You're getting regular paychecks while you're home recovering from major ...You will receive either Form 1099-G or Form 1099-MISC from your employer showing your taxable benefits. Your employer will deduct premiums for the Paid Family Leave program from your after-tax wages. Your premium contributions will be reported to you by your employer on Form W-2 in Box 14 as state disability insurance taxes withheld. The New York State PFL law was passed by the state of New York in April 2016. It provides employees working in New York with job-protected paid leave to bond with a new child, care for a family member’s serious health condition, or deal with qualifying military exigencies. PFL doesn’t provide leave or wage replacement benefits for the ...How PFL is Funded. New York Paid Family Leave is insurance that is funded by employees through payroll deductions. Each year, the Department of Financial Services sets the employee contribution rate to …Turbotax is not letting me E file my New York State taxes but New York state does not allow you to mail it in! My federal return was E files and accepted. After I got the warning saying I could not e-file, I went back to the Review tab and it explained what was wrong (in my case was the 414H from W2 misclassified). Yes, while New York generally requires you to e-file, there is an exception if the software does not allow for e-file. Because New York has a higher standard for identity verification that the IRS, it has become common for federal tax returns to be accepted for e-file and NY state tax returns to be rejected.The New York Giants, a beloved NFL team with a rich history, have captivated fans for decades. For die-hard supporters who don’t want to miss a single moment of the action, finding ways to watch the NY Giants games live and free is essentia...At 67% of pay (up to a cap) Employees taking Paid Family Leave receive 67% of their average weekly wage, up to a cap of 67% of the current New York State Average Weekly Wage (NYSAWW). For 2023, the NYSAWW is $1,688.19, which means the maximum weekly benefit is $1,131.08. This is $62.72 more than the maximum weekly …

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We don't support filing only your state taxes. Multiple state filings, part-year state filing, or non-resident state filing are not supported by Cash App Taxes. Return filings for minors (those under 18) Return filings for those residing outside of the United States. Prior year return filings. Foreign earned income.The New York State Department of Taxation and Finance (DOTF) issued much-needed guidance regarding the tax treatment of deductions from employee wages used to finance paid family leave premiums, and the tax treatment of paid family leave benefits to be received by eligible employees.. Paid Family Leave Benefits, available to employees as of January 1, 2018, may be financed by deductions from ...14‐6013200 ‐ New York State . 13‐3893536 ‐ City University of New York . 14‐6019701 ‐ SUNY Construction Fund . Box a Employee’s masked Social Security Number . Box 1 Wages, Tips and Other Compensation . The total Federal taxable gross wages. Box 2 Federal Income Tax Withheld . The total Federal income tax withheld.Public employee 414(h) retirement contributions and New York City flexible benefits program (IRC 125) If you are a member of a public employee retirement system (such as the NYS and Local Retirement System) and made 414(h) retirement contributions to your retirement plan, then you must report the contributions as an addition modification to your recomputed federal adjusted gross income (AGI ...W-2 Wage and Tax Statement Explained. The W-2 form is a United States federal wage and tax statement that an employer must give to each employee and also send to the Social Security Administration (SSA) every year. Your W-2 Wage and Tax Statement itemizes your total annual wages and the amount of taxes withheld from your paycheck.New York Paid Family Leave premiums will be deducted from each employee’s after tax wages. The paid family leave can be called Family Leave SDI as long as it is a separate item in box 14. State disability needs to be reported separately from the Paid Family Leave in box 14 of Form W-2. Summary of setup: Confirm the client’s state is NY.All features, services, support, prices, offers, terms and conditions are subject to change without notice. Where's My Tax Refund, a step-by-step guide on how to find the status of your IRS or state tax refund. Use TurboTax, IRS, and state resources to track your tax refund, check return status, and learn about common delays.-State of New York (NYS) and City University of New York (CUNY) Basic Information (cont.) 5 Know Your W-2 •Starting with the 2020 Form W-2s, the IRS allowed employers to mask the first 5 digits of the employee's Social Security number on their printed W-2s.Expert Alumni. If the amount is for TransitCheck Commuter benefits, the code for Box 14 on your W-2 might show as IRC132. There is no adjustment needed for your state return for that amount so you can leave Box 14 blank or select the last option "Other (not classified) NY IRC 414 (h) is for reporting public employee retirement contributions and ...New York Family Leave Insurance (FLI), or Paid Family Leave (PFL), is a state mandated coverage for most private employers. The coverage is funded by employee payroll contributions. The coverage can be used for wage replacement and job protection to employees who need time off due to: Bonding with a new child. ….

Access to paid family and medical leave in the U.S. lags behind other developed countries. The COVID-19 pandemic was a wake-up call that workers need a permanent solution for paid leave. Public-private partnerships have a proven history of promoting financial security in the U.S. Being forced to take a leave from work without pay can impact ...UI/DI/FLI Credits. You can take credit on your New Jersey tax return for any excess unemployment insurance (UI)/workforce development partnership fund (WF)/supplemental workforce fund (SWF) contributions, disability insurance (DI) contributions, and/or family leave insurance (FLI) contributions withheld by two or more …Follow the onscreen instructions to enter your 1099-G information. If you have a 1099-MISC instead of a 1099-G, the income may not be paid family leave and should be reported elsewhere. Typically, companies that offer paid medical leave or disability do so through a third-party insurer. You may receive a separate W-2 from that insurer to report ...Mar 1, 2021 · 4 Best answer. The New York City enhanced real property tax credit expired 12/31/2019 so there is no 2020 version of Form NYC-208. March 1, 2021 7:47 PM. Yes, if the credit is reinstated, then TurboTax will integrate the credit again. For now, no credit, not in program. 1 Bookmark Icon TB23185 Returning Member Does the NY PFL get reported anywhere on the NY State Tax Return as Taxes paid??? While I entered it as other mandatory state and local taxes paid on the federal forms, it doesn't show up anywhere on the NYS return. Shouldn't it show up???? March 22, 2021 8:57 AM 0 Bookmark Icon LenaH Expert AlumniNEW YORK PAID FAMILY LEAVE (NY PFL) BENEFITS LAW. Frequenty Al sked Questoni s. GUARDIAN DISABILITY & ABSENCE MANAGEMENT. The Guardian Life Insurance Company of America. 7 Hanover Square. New York, NY 10004-4025. www.guardiananytime.com. Key: DBL - NY Disability Benefits Law; PFL - NY Paid Family Leave Benefits Law; NY WCB - NYThe New York Times Best Seller List is widely regarded as one of the most prestigious and influential book lists in the publishing industry. For authors, making it onto this list can significantly boost their sales and credibility.Identifying Paid Family Leave Tax in TurboTax. Block 14 of my W-2 shows an amount for NY PFL that represents my contribution (payroll deduction tax) that I paid to NY Paid Family Leave. (A tax I paid, not a benefit received.) TurboTax didn't recognize "NY … Ny pfl turbotax, New Jersey, New York, and Oregon fund (or will fund) their PFML programs through taxes imposed on both employers and employees. This structure is analogous to the Federal Insurance Contributions Act (FICA), which imposes a 15.3% tax, composed of equal employer and employee shares. Under FICA, an employer must withhold the 7.65% …, Box 14 of my W2 shows NY SDI and NY FLI and amount for each listing respectively. But when I try to file it in the website, the drop down menu doesn't show the category/listing., Go to the IT225 (New York State Subtraction Section) New York State Modification form. Scroll down and you will find Health Workers Bonus form #S143. Enter the amount and it will automatically deduct it from your earnings and either reduce amount owed or increase refund by approx. $150.00, TurboTax has Spanish-speaking experts who can help you. Get unlimited help from live bilingual experts as you do your taxes, plus a final review, backed by our 100% accuracy guarantee. Simply click the "Live Help" icon in the product, select "ayuda en español" and you'll be connected to a bilingual tax expert., In box 14 of the W-2, I see: "Other" "71.23 NY PFL" and "12.60 NY SDI." What do I put in the dropdown for "Category" in Turbotax Premier Desktop software? Which category for NY PFL and which category for NY SDI?, IT-225 addition code A-201 by default includes any state taxes paid deduction from the Federal return. The A-201 amount may need a New York > Income and Deductions worksheet > Section 1 - Additions/Subtractions > Line 1 input override, as a control, to not include New York taxes paid which are included in the PTET credit …, Hi i received a 1099 misc for Paid Family leave (applied through NYPFL) i work in NY & live in NJ. ... Follow the directions in the TurboTax FAQ below to file your nonresident state return. https: ... Turbo Tax NJ continues to consider my NY Paid Family Leave as taxable as it's marked as box # 3 on 1099-MISC form. ‎April 16, 2023 8:11 PM. 0 1 112, Intuit TurboTax Community. Oct 16 is the IRS deadline -file confidently with expert help. File Now. Learn. Connect. Inspire. 3613353 Members. 2933085 Discussions. 175138 Questions Answered., Hi i received a 1099 misc for Paid Family leave (applied through NYPFL) i work in NY & live in NJ. ... Follow the directions in the TurboTax FAQ below to file your nonresident state return. https: ... Turbo Tax NJ continues to consider my NY Paid Family Leave as taxable as it's marked as box # 3 on 1099-MISC form. ‎April 16, 2023 8:11 PM. 0 1 112, For employees who work for self-insured employers, coverage begins January 1, 2023. Paid Family Leave provides eligible employees job-protected, paid time off to: Bond with a newly born, adopted or fostered child, Care for a family member with a serious health condition, or. Assist loved ones when a spouse, domestic partner, child or parent is ... , Jun 7, 2019 · Choose Other–not on above list.Don’t worry. We'll figure out if it impacts your return or not. If we need more information, we'll ask you. Employers can put just about anything in box 14; it's a catch-all for items that don't have their own dedicated box on the W-2. , For 2022, the weekly taxable wage base for the family-leave insurance tax is to be the lesser of the employee's gross wages for the week or $1,450.17. The maximum total contribution for 2022 is to be $423.71 for each employee, ($385.34 in 2021). The NYS Paid Family Leave Department has also released an on-line paid leave calculator to help with ..., TurboTax CD/Download Products: Price includes tax preparation and printing of federal tax returns and free federal e-file of up to 5 federal tax returns. Additional fees may apply for e-filing state returns. E-file fees may not apply in certain states, check here for details. Savings and price comparison based on anticipated price increase., NYS Paid Family Leave - Frequently Asked Questions Updated July 11, 2017 Page 1 of 7 New York State Paid Family Leave - Frequently Asked Questions (Updated July 11, 2017) Q: What is New York Paid Family Leave? A: Passed by the state legislature, and signed by Governor Cuomo in April 2016, New, The current NY SDI tax rate is 0.511% of an employee's gross wages, up to a maximum of $75,408 in 2021. This means that the maximum an employee can contribute to the NY SDI tax for 2021 is $385.34. Over time, the NY SDI tax rate has fluctuated. From 2016 to 2017, the rate increased from 0.50% to 0.50%., NY PFL benefits are entirely taxable on both the federal return and the state return. The reason that they are entirely taxable is because the PFL. US En . United States (English) United States (Spanish) Canada (English) Canada (French) TURBOTAX; Expert does your taxes. Back. Expert does your taxes. An expert does your return, start to finish ..., The Theater at Madison Square Garden, New York, NY. Aug 15: The Ultimate Fighter 31 Semifinal: McGregor vs. Chandler: ... 2023 PFL Europe Regular Season: United Kingdom: Vertu Motors Arena, Newcastle., for Paid Family Leave and the insurance carrier will make a determination. If you have questions about eligibility rules, call the PFL Helpline at (844) 337-6303. PAID FAMILY LEAVE.NY.GOV (844) 337-6303 PAGE 2 OF 2, At 67% of pay (up to a cap) Employees taking Paid Family Leave receive 67% of their average weekly wage, up to a cap of 67% of the current New York State Average Weekly Wage (NYSAWW). For 2023, the NYSAWW is $1,688.19, which means the maximum weekly benefit is $1,131.08. This is $62.72 more than the maximum weekly …, Jun 15, 2022 · The NYPFL category on a W-2 tax form is applicable to those who live in certain states. This acronym stands for the New York Paid Family Leave, which is a program offered by New York State that provides paid family leave benefits. It is important to understand how this affects your tax filing if you are a resident of one of the eligible states. , Paid Family Leave, under New York State law, is paid, job-protected time off to bond with a new child, care for a family member with a serious health condition, assist one's family if a member is deployed on active military service outside the United States and—beginning in 2021—provide care for family members who have contracted COVID-19., How can I access information and forms from New York state? All questions about state-issued forms should be directed to the state's Paid Family Leave Helpline at 844-337-6303. Follow these links for key forms and notices regarding NY PFL plan administration:, TurboTax owner Intuit in May 2022 agreed to pay $141 million to lower-income Americans who were "unfairly charged," according to James, for free tax-filing software as part of a multi-state ..., NYS Paid Sick Leave. NYS Paid Family Leave is an insurance that an employer must obtain.The cost of the insurance can be funded by the employee or the employer. If funded by the employee, they will see deductions from their regular paychecks each pay period. These deductions begin the day the employee is hired, but an employee may not take ..., IMPORTANT INFORMATION ABOUT YOUR 2020 W-2 STATEMENT The State of New Jersey utilizes Box No. 14 of the W-2 Statement to provide its employees with information regarding items that may, SOLVED • by TurboTax • 408 • Updated January 13, 2023. If you're getting paid during your maternity or parental leave, then that is considered paid family leave for tax purposes. However if you're not getting paid, then your leave would not be considered paid family leave., Follow the onscreen instructions to enter your 1099-G information. If you have a 1099-MISC instead of a 1099-G, the income may not be paid family leave and should be reported elsewhere. Typically, companies that offer paid medical leave or disability do so through a third-party insurer. You may receive a separate W-2 from that insurer to report ..., Paid Family Leave (PFL) income is money you receive from your employer, an insurer, or the government while you are away from work for an extended period of time so you can …, Tax Year 2022. For tax year 2022, the Child Tax Credit reverts back to the benefits available prior to the American Rescue Plan as follows: Reverts back to up to $2,000 for 2022 - 2025. Each dependent child must be under age 17. Refundable up to $1,400, but no longer fully refundable. Advance payments were not issued for tax year 2022., That is probably The New York Paid Family Leave Program. Box 14 items are informational only, which means they don't need to be entered on your tax return. Your employer probably just wants you to know how much you were paid while out on paid family leave. June 6, 2019 12:29 AM. 0., Paid Family Leave: 10 Fast Facts. Paid Family Leave provides more than just a monetary benefit — it provides job security for employees out on paid leave (similar to unpaid leave under FMLA) regardless of the size of the employer. Paid Family Leave is a required benefit for employers who need to provide DBL, NY's statutory short-term ..., The State Disability Insurance (SDI) taxable wage base is $145,600 in 2022, an increase from $128,298 in 2021. The employee contribution rate, which includes both SDI and paid family leave (PFL), has decreased from 1.2% of wages (up to the taxable wage base) in 2021 to 1.1% in 2022. The 2022 maximum weekly benefit of $1,540 reflects an increase ..., I live in NJ and work in NY and have two questions regarding dependent care deductions and paid family leave. 1. I elect to have $5,000 of dependent care benefits deducted annually that is not taxed on the Federal level. I am filing my NJ state tax return, and I am led to believe that this $5,000 ...