You may take credit for excess unemployment insurance/health care subsidy fund/workforce development partnership fund contributions and/or disability insurance contributions withheld by two or more employers. For 2003, the maximum employee unemployment insurance/ health care subsidy fund/workforce development partnership fund contribution was $101.58, and the maximum employee disability insurance contribution was $119.50.

If you had two or more employers and you contributed more than the maximum amount(s), you must enclose a completed Form NJ-2450 with your return to claim the credit. If any single employer withheld more than the maximum for either UI/HC/WD ($101.58) or disability insurance ($119.50) contributions, enter only the maximum amount for that category on Form NJ-2450. You must contact the employer who withheld contributions in excess of the legal maximum for a refund.

All information on Form NJ-2450 must be substantiated by W-2 statements or the claim will be denied. The amounts of unemployment insurance/health care subsidy fund/workforce development partnership fund contributions and disability insurance contributions withheld must be reported separately on all W-2 statements. The employers New Jersey Taxpayer Identification Number or approved private plan number must also be shown.

Be careful when completing Form NJ-2450 and check that your W-2 verifies the information you provide. If all New Jersey Department of Labor requirements are not met, your income tax credit must be denied. You must then refile your claim with the Department of Labor using their Form UC-9A, "Employees Claim for Refund of Excess Contributions." Once your income tax credit for excess unemployment insurance/ health care subsidy fund/workforce development partnership fund contributions and/or disability insurance contributions has been denied, it can only be claimed through the Department of Labor.

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