MIBOO7
Mar 24, 2010, 03:17 PM
Hi,
I did get paid during my Maternity Leave by Insurance Co.
This send me a W2, which has Federal Wages & Withheld amount. For state NJ the amount is zero. In Box 13 its marked as "Third Party Sick Pay"
My Questions:
1. Since NJ line item mentioned in W2 is zero, does that mean that this amount is not taxable by NJ
2. Is there any other benefit I would be getting? In other words this W2 from Insurance is just like any other W2 income. Will there be any other section / deduction which I can use.
Note that I am filing using Standard Deduction
Thanks in advance
I did get paid during my Maternity Leave by Insurance Co.
This send me a W2, which has Federal Wages & Withheld amount. For state NJ the amount is zero. In Box 13 its marked as "Third Party Sick Pay"
My Questions:
1. Since NJ line item mentioned in W2 is zero, does that mean that this amount is not taxable by NJ
2. Is there any other benefit I would be getting? In other words this W2 from Insurance is just like any other W2 income. Will there be any other section / deduction which I can use.
Note that I am filing using Standard Deduction
Thanks in advance