New Jersey A731 provides a gross income tax deduction for senior citizens, blind, and disabled individuals for certain medical and funeral expenses.

New Jersey A731 provides a gross income tax deduction for senior citizens, blind, and disabled individuals for certain medical and funeral expenses. This includes unreimbursed funeral expenses up to $50,000 for spouses or dependents who were 62 years of age or older, blind, or disabled at the time of death. It also allows for deductions on unreimbursed medical expenses up to $50,000 for in-home care or care in assisted living and long-term care facilities.

New Jersey A731 provides a gross income tax deduction for senior citizens, blind, and disabled individuals for certain medical and funeral expenses.

New Jersey A731 provides a gross income tax deduction for senior citizens, blind, and disabled individuals for certain medical and funeral expenses. This includes unreimbursed funeral expenses up to $50,000 for spouses or dependents who were 62 years of age or older, blind, or disabled at the time of death. It also allows for deductions on unreimbursed medical expenses up to $50,000 for in-home care or care in assisted living and long-term care facilities.