By Karin Price Mueller NJMoneyHelp.com for NJ.com
I’m retired. How much do I have to pay in state taxes?
Q. I turn 62 in March 2020. My pension before taxes and health insurance is $1,509 per month. I will be collecting $1,500 a month from...
By Karin Price Mueller NJMoneyHelp.com for NJ.com
Can I deduct out-of-state property taxes on my N.J. return?
Q. Can I deduct out-of-state property taxes on a summer-only cottage my New Jersey tax return? TurboTax shows yes, but I’ve seen...
By Karin Price Mueller NJMoneyHelp.com for NJ.com
Are active duty military personnel exempt from the exit tax?
Q. Are active duty military personnel exempt from the 2 percent exit tax when they sell/transfer their former home in New Jersey? —...
Bernie Kiely, Kiely Capital
Deducting State and Local Income Taxes
Most individual tax payers follow the cash receipts and cash disbursement basis rules. This means income is income in the year you...
By Karin Price Mueller NJMoneyHelp.com for NJ.com
Property tax prepayment? Here are the answers | Biz Brain
A look at whether it's worth prepaying property taxes in the wake of the GOP tax plan.(click/morguefile.com) ** Addition on Dec. 27:...
TRACEY LONGO, Financial Advisor
Property tax prepayment? Here are the answers | Biz Brain
Advisors have been responding to emails, writing blogs, updating their Twitter accounts and even running client tax returns with the new...
By Karin Price Mueller NJMoneyHelp.com for NJ.com
How to get back money from the N.J. 'exit tax' | Biz Brain
How you can get back what you pay for the "exit tax."(MichaelKirsch/morguefile.com) Q. In June 2016 I sold my home in New Jersey while...