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N.J. taxpayers should get cash from state's $5.2B windfall, Republicans say


N.J. stimulus checks? You should get cash from state’s $5.2B tax windfall, Republicans say
NJ.com
18 mins ago
Samantha Marcus, nj.com
© Aristide Economopoulos | NJ Adva/Aristide Economopoulos | NJ Adva
Senator Declan J. O Scanlon, Jr., center, sits with fellow Republican senators Steven Oroho and Joseph Pennacchio during the day of voting. The New Jersey Senate and Assembly vote on the budget and other bills. Thursday June 20, 2019.
Republican state senators said Thursday that New Jersey ought to return some of its $5.2 billion tax revenue windfall to taxpayers through tax rebates and expanded property tax relief.
The call for direct tax relief comes a day after state Treasurer Elizabeth Muoio announced tax collections are on track to come in a stunning $4.1 billion higher than expected in the fiscal year that ends June 30 and another $1.1 billion in the next. ....

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N.J. stimulus checks? You should get cash from state's $5.2B tax windfall, Republicans say

Republican state senators said Thursday that New Jersey ought to return some of its $5.2 billion tax revenue windfall to taxpayers through tax rebates and expanded property tax relief. The call for direct tax relief comes a day after state Treasurer Elizabeth Muoio announced tax collections are on track to come in a stunning $4.1 billion higher than expected in the fiscal year that ends June . ....

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Do I need to file a tax return for the Senior Freeze?


Do I need to file a tax return for the Senior Freeze?
Today 5:30 AM
Q. I didn’t qualify for Senior Freeze in the 2018 to 2019 years because my taxes didn’t go up, but they skyrocketed in 2020. I meet all the requirements for the Freeze except I didn’t file state or federal tax returns in 2019 because I didn’t make the minimum required to file. Should I file a 2019 return before filing for the 2020 Senior Freeze?
Senior
A. The Senior Freeze is a benefit that is available for those age 65 or older or residents who are receiving federal Social Security Disability benefit payments as of Dec. 31, 2019. ....

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