Additional State Income Tax Exemption for New Jersey Veterans
Welcome news: the State of New Jersey, Department of the
Treasury, Division of Taxation has announced that veterans honorably discharged
or released under honorable circumstances from active duty in the Armed Forces
of the United States by the last day of the tax year will be able to claim an
additional $3,000.00 exemption on their New Jersey Gross Income Tax returns
commencing with tax year 2017. The
exemption applies to all such veterans not just those separating from service in
2017, and applies for tax years going forward, not just for 2017. A copy of Form DD-214, Certificate of Release
or Discharge from Active Duty, must be filed the first time the exemption is
being claimed. The form does not need to be provided each year. The United States National Archives and
Records Administration can assist with obtaining a copy of the DD-214. You can certify for
the exemption by sending a copy of your DD-214 and Veteran Exemption Submission
Form before
you file, which may help process your return faster. A spouse (or civil union partner) is also
eligible for an exemption if he/she is a veteran who was honorably discharged
or released under honorable circumstances and a joint return is being filed.
This exemption is in addition to any other exemptions the veteran taxpayer is entitled
to claim and is available on both resident and nonresident returns. The exemption,
however, can not be claimed for a domestic partner or for dependents.
To read Division of Taxation announcement see:
For copy of Veteran Exemption Submission Form:
For obtaining copy of your Form DD-214:
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