new jersey eitc

New jersey eitc

To receive the NJEITC, you must file a New Jersey 1040 using information from your Federal 1040. This is true even if your income is equal to or less than the New Jersey filing .

The NJEITC payment is equal to 35% of the Federal benefit. For example, if your Federal earned income credit is ,000, the amount of your NJEITC will be ,050 (2016 NJEITC = Federal EIC x 35%). A part-year resident who qualifies for the NJEITC must prorate the amount of the state credit based on the number of months the resident was a New Jersey resident.

Many NJEITC filers will receive their refund according to our . However, some filers may receive notices requesting additional information. You must respond to the notice in order to complete the processing of your refund. For more information go to .

Last Updated: Wednesday, 08/20/14

2015 NJ Earned Income Tax Credit

The New Jersey Earned Income Tax Credit (NJEITC) is a credit for certain residents who work and have earned income. The credit reduces the amount of New Jersey tax you owe and may also give you a refund, even if you have no tax liability to New Jersey..

To receive the NJEITC, you must file a New Jersey resident income tax return. This is true even if you are not required to file a return because your income is equal to or less than the New Jersey filing threshold amount for your filing status. The filing threshold amount for 2015 is ,000 or less if your filing status is married/civil union couple, filing joint return, head of household, or qualifying widow(er)/ surviving civil union partner. The filing threshold is ,000 or less if your filing status is single.

Last Updated: Thursday, 02/02/17

New jersey eitc

The Earned Income Tax Credit (EITC) is a federal and state tax benefit for individuals and families who earn low-to moderate incomes in NJ. It is a tax credit that may reduce the amount of taxes you owe, or provide you with a refund, even if you don’t owe any taxes.

You May Be Eligible

If you worked full- or part-time or you were self-employed in 2016, you may qualify. 

To qualify, your earned income and adjusted gross income (AGI) must be less than:

  • ,955 (,505 married filing jointly) with three or more qualifying children
  • ,648 (,198 married filing jointly) with two qualifying children
  • ,296 (,846 married filing jointly) with one qualifying child
  • ,880 (,430 married filing jointly) with no qualifying children

    For the 2016 Tax year, you could receive a maximum federal credit of:

  • ,269 with three or more qualifying children
  • ,572 with two qualifying children
  • ,373 with one qualifying child
  • $   506 with no qualifying children

     And a maximum NJ state credit of:

  • ,195 with three or more qualifying children
  • ,951 with two qualifying children
  • ,181 with one qualifying child
  • $   178 with no qualifying children

    (Investment income must be ,400 or less for the year.)

    You can find out if you are eligible and get an estimate of your credit by visiting the  New jersey eitc 

    Watch the EITC PSAs "Moneygami9quot; - !

    Get FREE Tax Help!

    Free assistance in the preparation and filing of your federal and state Income Tax Returns is available at local Volunteer Income Tax Assistance (VITA) sites. For a location near you, call NJ’s Hotline 2-1-1 or visit or visit the .

    Have You Been Contacted by the Division of Taxation

    Request for More Information

    Last Updated: Thursday, 04/13/17

    The Earned Income Tax Credit (EITC) is a refundable tax credit for families and individuals who have earned income from employment. It increases the amount refunded to a taxpayer or reduces the amount of tax owed. However, you need to file a tax return to claim EITC.

    New Jersey wage earners can also take advantage of the state's own EITC program. Residents who are eligible and file for a Federal earned income credit can also receive a New Jersey earned income credit in the amount equal to 35% of their federal earned income credit.

    The credit is based on gross earned income, filing status, and the number of qualifying children in the home. To qualify, your earned income and adjusted gross income (AGI) must be less than:

  • ,955 (,505 if married and filing jointly) with three or more qualifying children;
  • ,648 (,198 if married and filing jointly) with two qualifying children;
  • ,296 (,846 if married and filing jointly) with one qualifying child;
  • ,880 (,430 if married and filing jointly) with no qualifying children.

    For the 2016 tax year, you could receive a maximum federal credit of:

  • ,269 with three or more qualifying children;
  • ,572 with two qualifying children;
  • ,373 with one qualifying child;
  • 6 with no qualifying children.

    You could also receive a 2016 New Jersey state credit of:

  • ,195 with three or more qualifying children;
  • ,951 with two qualifying children;
  • ,181 with one qualifying child;
  • 8 with no qualifying children.

    Free tax assistance is available to individuals with low or moderate income, seniors, and people with disabilities. Seniors can get tax preparation help at AARP Foundation Tax-Aide sites around the state. Other qualifying taxpayers can go to Volunteers in Tax Assistance (VITA) sites. The NJ 2-1-1 Partnership maintains a . You can also reach the NJ 2-1-1 Partnership by dialing 2-1-1. You can also use the IRS search tool or by calling 800-906-9887.

    The is a public-private partnership of the Internal Revenue Service (IRS) and the Free File Alliance LLC, a nonprofit coalition of 13 leading tax software companies. Taxpayers with an Adjusted Gross Income of ,000 or less can visit to prepare and file their federal return at no cost.

    Other useful web sites for EITC information include:

    - targeted to nonprofits

    - "Have You Told Your Employees About the Earned Income Credit (EIC)?"

    The New Jersey Earned Income Tax Credit (NJEITC) is a credit for certain residents who work and have earned income. The credit reduces the amount of New Jersey tax you owe and may also give you a refund, even if you have no tax liability to New Jersey.

    New Jersey wage earners can also take advantage of the state’s own EITC program. Residents who are eligible and file for a Federal can also receive a New Jersey in the amount equal to 20% of their Federal .

    The Earned Income Tax Credit (EITC) is a federal and benefit for individuals and families who earn low-to moderate incomes in NJ. It is a tax credit that may reduce the amount of taxes you owe, or provide you with a refund, even if you don’t owe any taxes. To get the NJ state EITC, you must file a federal tax form, be eligible for the federal EITC and file a return (if you are married but file separately, you may not claim the NJ EITC).

    Most residents who are eligible and file for a Federal can also receive a New Jersey earned income tax credit. For 2014 the New Jersey Earned Income Tax Credit (NJEITC) is 20% of the applicant’s Federal . For example, if your Federal is ,000, the amount of your NJEITC will be 0 (2014 NJEITC = Federal EIC x 20%). Part-year residents who qualify for the NJEITC must prorate the amount of the credit based on the number of months as a New Jersey resident.

    The amount of your NJEITC is a percentage of your federal earned income tax credit. This year, the NJEITC amount is equal to 30 percent of the federal earned income tax credit. So, if your federal earned income tax credit is ,000, the amount of your NJEITC will be ,200. (2015 NJEITC = federal EITC x 30 percent) Note: If you lived in New Jersey for only part of 2015, your NJEITC will be prorated based on the number of months you were a New Jersey resident. (For this calculation, 15 days or more is a month.) To receive the NJEITC, you must file a New Jersey resident income tax return. This is true even if you are not required to file a tax return because your income is below New Jersey’s minimum filing threshold.

    For the 2015 tax year, the employee must have earned income (wages, net profits from business) and their adjusted gross income (AGI) must be less than: • ,747 (,267 if married filing jointly) with three or more qualifying children • ,454 (,974 if married filing jointly) with two qualifying children • ,131 (,651 if married filing jointly) with one qualifying • ,820 (,330 if married filing jointly) with no qualifying children.

    To qualify, your earned income and adjusted gross income (AGI) must be less than:

  • ,997 (,427 married filing jointly) with three or more qualifying children
  • ,756 (,186 married filing jointly) with two qualifying children
  • ,511 (,941 married filing jointly) with one qualifying
  • ,590 (,020 married filing jointly) with no qualifying children

    For the 2014 Tax year, you could receive a maximum federal credit of:

  • ,143 with three or more qualifying children
  • ,460 with two qualifying children
  • ,305 with one qualifying
  • 6 with no qualifying children

    And a maximum NJ state of:

  • 28 with three or more qualifying children
  • 92 with two qualifying children
  • 1 with one qualifying
  • with no qualifying children
  • Food Stamps
  • Medicaid (Health Insurance)
  • NJ FamilyCare (affordable health insurance for children)
  • Low Income Home Energy Assistance Program (heating bill assistance)
  • Temporary Assistance to Needy Families (welfare services and cash assistance for families with children)
  • General Assistance (welfare services and cash assistance for childless adults)
  • NJ Cares for Kids ( care subsidies)
  • Kinship Navigator (provides support and assistance to adults raising a relative’s )