Get Nj 1st Quarter Payroll Tax Statement 2025

The NJ 1st Quarter Payroll Tax Statement is essential for businesses operating in Newark, facilitating the accurate reporting of payroll taxes. This guide provides clear, step-by-step instructions for completing the form online, ensuring compliance and accuracy in your submission.

Follow the steps to complete your payroll tax statement online.

1. Press the ‘Get Form’ button to access the NJ 1st Quarter Payroll Tax Statement and open it in your online editor.
2. Begin by entering your Federal Tax ID in the designated field.
3. Fill in your business details, including the business start date, address, city, state, and zip code.
4. Provide the name of your contact person, along with their phone number and email address.
5. Indicate the total number of employees and, if applicable, the date the business was closed.
6. Report the total federal earnings in Line 1, which includes wages, tips, and other compensation. If the total payroll does not exceed $2,500 for the quarter, you have no tax obligation.
7. If more than 50% of your employees reside outside Newark, enter zero '0' on Line 2. Otherwise, attach a residency list for Newark residents and report their total earnings.
8. Calculate the number of employees included in Line 1 and the number of Newark residents included. Use the provided fields to capture these numbers.
9. Subtract Line 2 from Line 1 to find the net total earnings, which should be recorded on Line 3.
10. Multiply the amount on Line 3 by the payroll tax rate of 1% to determine the payroll tax due, recorded on Line 4.
11. If payment is made after April 30, 2025, include any applicable interest as instructed.
12. Add Lines 4 and 5 to determine the total amount due, which should be written on Line 6.
13. Sign and date the form to confirm the information is correct before submitting it.
14. Finalize by saving changes, downloading the completed form, and printing or sharing it as necessary.

Complete your NJ 1st Quarter Payroll Tax Statement online today for timely processing and compliance.