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West Palm Beach Florida Form 1041-QFT: What You Should Know

New Jersey taxes Annual New Jersey federal income tax returns are due July 15.  If you are a resident, and you file on a state return, it will appear on your New Jersey return. If you are a nonresident, and you file on the federal return, it will appear on your New Jersey income tax return. You can file your 2024 federal income tax return after July 15, 2018. If you file after you are no longer a New Jersey resident, you need to file tax returns annually. For more information go to: Nonresidents Tax Returns If you are a nonresident who files on forms S7, S40, S41, S42, S45, or S52, it will appear on your New Jersey return. For more information go to New Jersey Income Tax 2018 NJ federal income taxes are due Oct 15.  The New Jersey state income tax is a 3.077 percent tax on your gross (before deductions) income.  The first .053 percentage is applied to amounts exceeding your AGI. So, for example, if you earn 20,000, but you pay taxes at the regular rate of 7.65 percent on your income, your AGI is 18,937.95.  Nonresidents are taxed at a flat rate of 4.975 percent. For more information go to: Annual Federal Income Tax Taxes for Tax Year New Jersey residents may file their taxes each year using the same online filing method the state uses for returns for individuals.  New Jersey residents can file their taxes online using IRS Simplified Return (IRS-SR) or Free File.  You can download the 2 state income tax return, and the instructions, electronically. You may need to have a print-friendly web browser and a printer with ink, which is available from most mainstream newsstands and bookstores. New Jersey residents can also mail a paper tax return or submit a paper tax return through the New Jersey Department of Taxation.  To find your New Jersey tax information visit the following location: How to Make a U.S. Income Tax Return. The “Form 1040-ES/NR” (or “1040NR”) form is the primary form for filing a U.S. income tax return.

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