13 Apr April 13, 2025

New Jersey has an inheritance tax that’s based on the deceased’s relationship with the beneficiary. We explain who has to pay the tax?

We also looked at whether a gift tax return may be due after someone dies.

Some retirement plans have taxable and non-taxable contributions. We considered how you can figure it out to make sure you’re not paying tax twice?

Lots of retirees move to Florida, which has no state income tax. We looked at what happens to retirement withdrawals in the year you do move, assuming you spent part of the year in New Jersey and part of the year in Florida.

See all that and more in this week’s eNewsletter.