N.J. Admin. Code § 18:35-1.2

Current through Register Vol. 57, No. 1, January 6, 2025

Section 18:35-1.2 - Employee business expenses not deductible

(a) If an individual is an employee as defined in N.J.A.C. 18:35-7.1, such person shall not deduct from gross income any costs and expenses incurred in connection with such employment.

(b) If an individual is an employee as defined in N.J.A.C. 18:35-7.1, all earnings in connection with employment are deemed to be, and shall be reported by the taxpayer as, wages, salaries, commissions, bonuses, and other remuneration received for services rendered, pursuant to N.J.S.A. 54A:5-1.a. In no case shall an employee report his or her earnings as net profits from business as defined by N.J.S.A. 54A:5-1.b.

N.J. Admin. Code § 18:35-1.2

Amended by 48 N.J.R. 295(a), effective 2/16/2016