19 Oct Does N. J. tax gifts or are they tax-exempt?
Gifting relates to the federal gift tax, not the federal income tax....
Taxes
19 Oct Can I still file for the Homestead Rebate?
The Homestead Rebate has been replaced by the ANCHOR program. ...
18 Oct Will Roth IRA income stop us from getting the pension exclusion?
With certain income levels, you may not owe any state income tax. ...
17 Oct What happens to the Senior Freeze now that the ANCHOR program is out?
Some residents may be eligible for both property tax benefits. ...
16 Oct If my wife moves to Florida, will she have to pay taxes on her 401(k)?
If you move, your residency will determine how you are taxed....
14 Oct Will N.J. treat my ANCHOR payment as income?
More New Jerseyans will be eligible for this property tax break....
14 Oct When I retire, how much of my income will N.J. tax?
You may qualify for the pension exclusion and owe no state tax at all. ...
13 Oct If we sell our home for $1.2M, what taxes will we owe?
Several factors come into play to determine your capital gain....