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A quarterly publication from the New Jersey Division of Taxation providing updates on state tax law, policy changes, and administrative information relevant for taxpayers and tax practitioners.
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How to fill out New Jersey State Tax News

01
Visit the New Jersey Division of Taxation website.
02
Locate the 'Tax News' section from the main menu.
03
Select the latest edition of the New Jersey State Tax News.
04
Read through the newsletter to find information relevant to your tax situation.
05
If needed, download or print the newsletter for future reference.

Who needs New Jersey State Tax News?

01
Individuals filing taxes in New Jersey.
02
Businesses operating in New Jersey.
03
Tax professionals seeking updates on New Jersey tax laws.
04
Anyone interested in tax-related news and changes 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 is a publication that provides updates and important information regarding state tax policies, changes in tax laws, and relevant announcements from the New Jersey Division of Taxation.
Individuals and businesses that are subject to New Jersey state taxes are required to file relevant tax forms as outlined in the New Jersey State Tax News. This typically includes residents, non-residents earning income in New Jersey, and businesses operating within the state.
To fill out New Jersey State Tax forms referred to in the Tax News, taxpayers should follow the instructions provided on the forms, gather all necessary financial documents, and ensure accurate reporting of income, deductions, and credits.
The purpose of New Jersey State Tax News is to inform taxpayers about changes in tax legislation, deadlines, and procedures for compliance, as well as to provide guidance and resources for efficient tax filing.
Important information to be reported includes annual changes in tax rates, filing deadlines, new laws affecting taxes, updates on tax relief programs, and any specific instructions for completing state tax forms.
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