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 NJ Division of Taxation ANCHOR Program 2024-2025

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[Music] hello i'm marita scarada deputy director of the new jersey division of taxation the new jersey division of taxation begins to issue refunds on or about the first of march in 2022 for the 2021 tax year there are a lot of things that can impact the processing of the tax return certainly how it's filed if it's filed electronically the tax return can go through a much quicker manner because we can validate a lot of information much more quickly frequently what we find is that tax returns that are filed electronically are processed and refunds may be issued in as quickly as three weeks if a tax return is filed by paper it does take a little longer maybe as many as eight to twelve weeks to be processed before a refund can be issued this is mostly because the tax return must be keyed it must be imaged and there are a little more manual steps that have to go into the actual processing of that tax [Music] when we receive a tax return we verify a lot of informatio

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