25 Oct Do I need to file a gift tax return for these gifts?

Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Taxes

The IRS permits certain gifts to be given without a tax return filing. ...

Read More

24 Oct I opted out of Social Security. Can I change my mind?

Posted at 06:06h in Ask NJMoneyHelp, Retirement

You need a certain number of credits to be eligible for Social Security. ...

Read More

24 Oct My wife owns our home. Can we take the $500k exclusion?

Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes

Before you sell your home, know how capital gains will be calculated. ...

Read More

23 Oct We’re moving to Florida. How will N.J. look at our taxes?

Posted at 06:06h in Ask NJMoneyHelp, Retirement, Taxes

You have to consider two states if you move midway through the year. ...

Read More

23 Oct Will I get a check or tax credit for the Senior Freeze?

Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes

The Senior Freeze reimburses you when your property taxes rise. ...

Read More

22 Oct Selling your home? Here’s how the N.J. exit tax works.

Posted at 06:06h in Ask NJMoneyHelp, Real Estate, Taxes

The exit tax is really an estimated tax based on the sale of your home. ...

Read More

22 Oct My kid dropped out of college. Is her scholarship taxable?

Posted at 06:02h in Ask NJMoneyHelp, College, Taxes

Certain scholarships can be subject to a costly tax. ...

Read More

21 Oct How much can we save in a 401(k) plan?

Posted at 06:06h in Ask NJMoneyHelp, Retirement

Your employer can offer extra after-tax savings, but not all do. ...

Read More

21 Oct I’m retired. Will my retirement income be taxed?

Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes

You may qualify for the New Jersey pension exclusion. ...

Read More

21 Oct My kid dropped out of college. Is her scholarship taxable?

Posted at 06:02h in Ask NJMoneyHelp, College, Taxes

Certain scholarships can be taxable depending on what they're used for. ...

Read More