07 Feb Is there a federal pension exclusion?
You might not owe income tax in New Jersey, but federally is a different story....
Taxes
06 Feb I take an RMD. Do I have to make estimated tax payments?
You don't want to pay penalties that can be avoided. ...
06 Feb How do you value an estate for inheritance tax calculations?
The executor is responsible to file the New Jersey inheritance tax return....
02 Feb After divorce, is a real estate transfer tax due?
Your divorce agreement will spell out expectations for the home. ...
30 Jan If we move to N.J., what state will tax our pensions?
You won't be taxed by two states for the same income. ...
30 Jan I sold a Treasury bill. What happens with taxes?
Many investment sales are reported to the Internal Revenue Service....
29 Jan Will we have to file applications for ANCHOR every year?
The ANCHOR benefit needs to be funded in the state budget annually....
29 Jan Should I take my retirement distribution now or wait?
You have all year to take a distribution, but what about stock market moves?...