Tax Deductions - Home

Tax Deductions

NJ REBATE PROGRAM OVERVIEW

The State of New Jersey has instituted three "relief" programs that are currently being offered.

  • Property Tax Reimbursement a.k.a. Property Tax Freeze
  • Homestead Rebate
  • Property Tax Deduction/Credit

To learn more about these programs go to http://www.state.nj.us/treasury/taxation

SENIOR CITIZEN DEDUCTION

If you were 65 years or older as of December 31st of the pre-tax year you may be eligible for a deduction of $250.00 annually from your gross taxes.  Joint income must not exceed $10,000.

VETERAN DEDUCTION

If you have served in the armed forces, you may be eligible to receive a $250.00 deduction annually from your gross taxes. 

Applications for tax deductions may be obtained from the office of the Tax Assessor