Business & Finance

Press Releases

Tax Exemption for Honorably Discharged Veterans: A Tax Tip from Warren Township

1b99a3c14ea9eaffea37_CDCC5193-0406-47CB-A3C1-DEDBFFA81BAF.jpeg
1b99a3c14ea9eaffea37_CDCC5193-0406-47CB-A3C1-DEDBFFA81BAF.jpeg

Many veterans qualify for an additional exemption of $3,000 on their New Jersey Income Tax for income earned in 2017 and beyond. This exemption does not apply to income earned in 2016 or earlier. 

If you are a military veteran, you are eligible for this exemption if you were honorably discharged. Recently discharged veterans become eligible in the tax year they were released under honorable circumstances.

Claiming the Exemption

Sign Up for E-News

When completing your return you must fill in the oval (resident return) or check the box (nonresident return) to indicate that you are claiming this exemption. Otherwise, the exemption(s) will be disallowed. Your spouse or civil union partner also can take this exemption if he/she is a military veteran who meets the requirements above. 

You cannot claim this exemption for a domestic partner or your dependents. See Military Personnel for more information. 

Providing Documentation

You must provide official documentation showing that you were honorably discharged or released under honorable circumstances from active duty the first time you claim the exemption(s). 

Your documentation must list your character of service (discharge). If you do not have any of the documentation on the list, you may submit any other official documentation you have showing that you were honorably discharged or released under honorable circumstances from active duty. 

Once the Division of Taxation confirms your eligibility in your first year of filing, you do not need to submit documentation each year you claim this exemption. The Division will send you a letter confirming your eligibility, which you should keep with your records. 

The United States National Archives and Records Administration can assist if you need to obtain a copy of your records. 

You can certify for the exemption before you file a tax return by sending a copy of your documentation and Veteran Income Tax Exemption Submission Form to the Division. 

This may help your return to process faster.   To certify: 

  •  Mail a copy of your documentation and the Veteran Income Tax Exemption Submission Form to: 

The New Jersey Division of Taxation Veteran Exemption 

PO Box 440

Trenton, NJ 08646-0440; or 

  • Fax your documentation and Veteran Income Tax Exemption Submission Form to 609-633-8427

If you do not certify before you file, you will need to submit your documentation when you file a tax return: 

  • Paper Return. Enclose your documentation with your return; 
  • NJ Fill 'n File. Upload documentation into the repository; 
  • Other Electronic Filings.  If you file your return using NJ WebFile, third-party software (such as TurboTax), or a tax professional who electronically submits your return, you can send a copy of your documentation and the Veteran Income Tax Exemption Submission Form using one of the three methods listed above for certifying before you file a return.

Click on the following link for the Veteran Income Tax Exemption Submission form: 

 http://www.state.nj.us/treasury/taxation/pdf/veteransexemptionform.pdf 
 

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

Basking Ridge

Somerville: Cobalt Apartments to Receive Land Development and Planning Award

February 14, 2018

SOMERVILLE, NJ - The Somerset County Board of Chosen Freeholders and the county Planning Board will honor six local projects, including the Cobalt Apartments on Veterans Memorial Drive at the 35th annual Land Development and Planning Awards at 6 p.m. Tuesday, Feb. 20, in the Freeholder Meeting Room, located on the third floor of the county Administration Building at 20 Grove St.

Free ...

‘Reefer Madness’ Comes to Chatham Borough Council; Cannabis Advocates Make Pitch for Chatham Marijuana Shop

February 14, 2018

CHATHAM, NJ - A group of pro-cannabis activists came to the Borough of Chatham Council meeting on Monday night and used the public commentary portion of the meeting to ask the council to support a marijuana dispensary in town.

The advocates, who say they have attended more than 80 town meetings to inform about the benefits of medical cannabis, mentioned the 1936 movie "Reefer ...

Guest Column: The Great "Wait" of the College Process

February 16, 2018

For all the high school seniors and their parents, we are in the stressful "waiting period".  We've just finished or are finishing applications to all the schools we might possibly want to attend next year and now sit and wait our fate after the $60-$80 non-refundable application fees to at least 8-13 schools and staring at some pretty ridiculous tuition fees.

Early ...

Upcoming Events

Sun, February 18

Scherman Hoffman Wildlife Sanctuary, Bernardsville

NJ Audubon: Volunteer Art Show!

Arts & Entertainment Green

Sun, February 18, 7:00 PM

Villagers Theatre, Somerset

Hairspray Auditions

Arts & Entertainment

Fellowship Helping Hands Receives Home Care Award

February 16, 2018

Fellowship Helping Hands, the home care agency operated by Fellowship Senior Living in Basking Ridge,  has received the 2018 Best of Home Care® – Provider of Choice Award from Home Care Pulse, announced Liz Fandel, vice president of Home Community Based Services at Fellowship Senior Living.

Fellowship Helping Hands is a New Jersey licensed home care service for older and ...

AtlantiCast

AtlantiCast Medical Minute: Atlantic Orthopedic Institute’s Scoliosis and Spinal Deformity Center

On this episode of the AtlantiCast Medical Minute, we’ll take you inside the Atlantic Orthopedic Institute’s Scoliosis and Spinal Deformity Center, with the center’s director, Jason Lowenstein, MD.

Video Link: https://www.youtube.com/watch?v=1M7euCp86-c

AtlantiCast Episode 011

Breaking Atlantic Health System news on this week’s AtlantiCast! Plus, find out why Morristown Medical Center is one of the best hospitals in the nation when it comes to recovering from joint surgery, see the newest center for fighting brain cancer and an Atlantic Health System red-carpet premiere!