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This publication provides updates and information on New Jersey tax law, policy, and procedures, highlighting various tax-related topics, programs, and legislation affecting taxpayers in the state.
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How to fill out New Jersey State Tax News

01
Visit the official New Jersey Division of Taxation website.
02
Locate the section for State Tax News.
03
Choose the relevant tax news article or update.
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Read through the document to understand the updates.
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Note down important dates and deadlines mentioned.
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If applicable, follow any specific instructions for filing or compliance.
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Complete any required forms or applications as directed in the news.
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Who needs New Jersey State Tax News?

01
New Jersey residents who are required to file state taxes.
02
Individuals seeking updates on tax regulations and changes.
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Tax professionals advising clients in New Jersey.
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Businesses operating in New Jersey that may be affected by tax changes.
05
Anyone interested in understanding their tax obligations in New Jersey.
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Other controversial items in Murphy's budget proposal include raising a tax on sports betting and online gaming to 25%. The tax is currently 13% for sports betting and 15% for online gaming. The state expects to collect $402.4 million in taxes from the move.
Who is eligible to receive a tax rebate? Married couples in New Jersey with income below $150,000 and at least one dependent child qualify for a rebate check.
Factors Affecting Delivery Times Processing StageEstimated Timeframe Application Submission Immediate Initial Review 1-3 weeks Final Processing 2-8 weeks Check Delivery 1-2 weeks after processing Feb 18, 2025
New Jersey residents may still be able to receive a stimulus check up to $1,400 from the Internal Revenue Service. Back in December, the IRS announced they'll be issuing automatic payments to eligible individuals who did not claim the Recovery Rebate Credit on their 2021 tax returns.
Who is eligible: Homeowners and tenants who paid property taxes on their principal residence in New Jersey either directly or through rent during the year.
This bill allows New Jersey seniors, 65 years of age and older, whose annual household income, for federal tax purposes, is under $50,000 to also qualify for an annual deferral of property tax payments.
About the Stay NJ Property Tax Credit Program Governor Phil Murphy signed P.L.2024, c. 88 into law on November 1, 2024.

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New Jersey State Tax News provides updates and information related to tax regulations, changes in tax law, and other important tax-related announcements specific to the state of New Jersey.
Individuals and businesses that are subject to taxation in New Jersey, including residents, non-residents with New Jersey source income, and various business entities, are required to file relevant tax information as outlined in New Jersey State Tax News.
To fill out New Jersey State Tax News, taxpayers should follow the specific forms and instructions provided by the New Jersey Division of Taxation, ensuring all required information is accurate and submitted within the designated deadlines.
The purpose of New Jersey State Tax News is to inform taxpayers about changes in tax laws, upcoming deadlines, and other critical information that will help them remain compliant with state tax regulations.
Information that must be reported includes updates on tax rates, filing deadlines, forms changes, instructions for taxpayers, and new legislation affecting taxation in New Jersey.
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