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United States states

Jurisdiction detail

New Jersey tax guide

A seeded subnational profile for New Jersey, built on the schema from the world-class expansion plan.

Country

United States

Tax year

2026

Authority

New Jersey Division of Taxation

Overview

New Jersey combines high progressive income tax with one of the highest corporate-tax burdens in the country. Inheritance tax applies to certain non-lineal beneficiaries at rates up to 16 percent.

Estate tax was repealed in 2018 but inheritance tax remains.PTET (BAIT) election available.Top corporate rate of 11.5 percent includes a temporary surcharge.

Individual income tax

New Jersey applies a progressive personal income tax with top rate of 10.75 percent on income above 1,000,000 USD.

Type: progressive

Business tax

Corporation Business Tax has progressive rates up to 11.5 percent including a temporary surcharge for large corporations.

Reference rate: 9%

Sales or indirect tax

Economic nexus applies for remote sellers.

Base rate: 6.625%

Urban Enterprise Zones may offer reduced rates in specific areas.

Deadlines and forms

April 15 for individuals; corporate returns generally one month after federal due date.

Official authority

Visit New Jersey Division of Taxation

Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.