Get NJ DoT CBT-100 2016

In order to receive a New Jersey refund, you need to file a New Jersey tax return. If your New Jersey gross income is less than $10,000 ($20,000 if filing as Married Filing Jointly, Head of Household, or Qualifying Widow(er)) then you are not required to file a New Jersey tax return.

Filing Requirements. If your income for the entire year from all sources was $7,500 or less ($3,750 if filing status is married, filing separate return), no tax is due. You must attach a copy of your Federal income tax return or a statement to that effect if you did not file a Federal return.

If you are a resident of NJ, according to the NJ department of revenue, you are required to file an NJ resident state income tax return if: your filing status is married filing jointly and your gross income from everywhere for the entire year was more than the filing threshold of $20,000.

Even members of the Armed Forces must file if they meet the income filing requirements. New Jersey has two personal Income Tax returns for individuals, see below. ... Part-year residents must use Form NJ-1040, and part-year nonresidents must use NJ-1040NR and indicate the portion of the year covered by each return.

NJ Income Tax Who Must File Part-year residents are subject to tax and must file a return if their income for the entire year was more than the filing threshold amount for their filing status. Similar filing requirements apply for nonresidents.

If you are a resident of NJ, according to the NJ department of revenue, you are required to file an NJ resident state income tax return if: your filing status is married filing jointly and your gross income from everywhere for the entire year was more than the filing threshold of $20,000.

You must enclose a signed statement with your New Jersey nonresident returns that states you are a resident of the Commonwealth of Pennsylvania. Likewise, if you are a New Jersey resident and your employer withheld Pennsylvania income tax from wages, you must file a Pennsylvania return to get a refund.

NJ Income Tax Deductions. Federal deductions, such as mortgage interest, employee business expenses, and IRA and Keogh Plan contributions are not allowed on the New Jersey tax return. Full-year residents can only deduct amounts paid during the tax year.

Unlike the federal tax code, which allows taxpayers who itemize to deduct charitable contributions to qualifying nonprofits, New Jersey doesn't allow residents to write off such donations from their state income taxes.

EZ Pass and Income Tax Deductions. ... Under the new law, residents with the EZ Pass will be able to deduct up to $1,200 a year in Turnpike tolls and pass costs on their income taxes.

The property tax deduction reduces your taxable income. Starting with tax year 2018, you can deduct your property taxes paid or $15,000, whichever is less. For tax years 2017 and earlier, the maximum deduction was $10,000. For tenants, 18% of rent paid during the year is considered property taxes paid.

If you are a New Jersey resident, wages you receive from all employers are subject to New Jersey Income Tax. ... New Jersey does not allow you to exclude from wages amounts you contribute to deferred compensation and retirement plans, other than 401(k) Plans.

Beginning Jan. 1, 2019, all taxpayers may deduct only the amount of the total unreimbursed allowable medical care expenses for the year that exceeds 10% of their adjusted gross income.

The standard deduction amounts will increase to $12,200 for individuals, $18,350 for heads of household, and $24,400 for married couples filing jointly and surviving spouses. For 2019, the additional standard deduction amount for the aged or the blind is $1,300.

Itemizing means deducting each and every deductible expense you incurred during the tax year. For this to be worthwhile, your itemizable deductions must be greater than the standard deduction to which you are entitled. For the vast majority of taxpayers, itemizing will not be worth it for the 2018 and 2019 tax years.