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 NJ Division of Taxation Gross Income Tax New Jersey 2020

Nj Instructions 2020-2025 Form

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Most New Jersey residents file a very simple tax return. Did you know that you can complete your New Jersey Personal Income Tax in five simple steps? Step One: Give us some information about yourself. Like your name, address, filing status and any dependents you're claiming. Step Two: Report your income. The most common types of income are wages, interest and dividends. If you're an employee, you earned wages. Get the State wage figure from Box 16 on your W-2. You should have received a W-2 from your employer by mail or electronically. But don't put your W-2 away just yet. You'll need that later. If you received interest income, report the amount from your 1099-INT. And any dividends from your 1099-DIV. These forms should have already been mailed to you or are accessible online from your financial institution. Step Three: Now, let's talk exemptions and deductions. You can deduct one thousand dollars each for you and your spouse and fifteen hundre

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