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A quarterly publication from the New Jersey Division of Taxation providing updates on tax legislation, policies, and procedures pertinent to taxpayers and 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 section dedicated to State Tax News.
03
Select the latest news update or the specific issue you want to fill out.
04
Review the instructions provided for filling out the required forms.
05
Gather necessary financial documents and information relevant to your tax situation.
06
Fill out the forms according to the guidelines, ensuring all sections are completed accurately.
07
Check for any deadlines related to the submission of the tax news forms.
08
Submit the completed forms either online through the portal or by mailing them to the appropriate tax office.

Who needs New Jersey State Tax News?

01
New Jersey residents who are filing state taxes.
02
Tax professionals and accountants assisting clients in New Jersey.
03
Business owners operating in New Jersey who need to stay informed about state tax regulations.
04
Anyone interested in updates regarding tax laws and regulations 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, information, and guidelines related to tax laws, policies, and procedures in the state of New Jersey.
Individuals and businesses that are subject to New Jersey state taxes, including those who have income, property, or sales tax obligations, are required to file accordingly.
To fill out the New Jersey State Tax News, taxpayers should carefully read the instructions provided, gather the necessary financial documents, and complete the required forms accurately, following the guidelines issued by the New Jersey Division of Taxation.
The purpose of New Jersey State Tax News is to inform taxpayers about changes in tax legislation, provide updates on tax filing requirements, and assist with compliance through educational resources.
Taxpayers must report income, deductions, credits, and any other relevant tax-related information as specified in the filing instructions and forms related to the New Jersey state taxes.
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