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You may deduct medical expenses you paid during the year for yourself, your spouse or domestic partner and any claimed dependents—but only when the total exceeds 2% of your gross income.
New Jersey ranks third on the list for the highest effective tax rates by the top 1% of income earners. Average effective tax rate on 1% earners: 27.20% Total income tax paid by top 1% ...
After all, several products in the state are exempt from tax, and New Jersey's sales tax rate is reduced in some areas. Plus, you may qualify for a New Jersey property tax relief program to help ...
Six Democrats vying for the gubernatorial nomination offer plans ranging from higher taxes on wealthy residents to property ...
Republicans seeking New Jersey's governorship are united in wanting to cut taxes, though their favored methods differ.
Northeastern states are feeling the tax pinch, with New Yorkers paying the second highest state and local taxes in the nation, right behind Washington D.C.
Income from employment is subject to tax in New Jersey. The state has a progressive income tax system with rates ranging from ...
Income from employment is subject to tax in New Jersey. The state has a progressive income tax system with rates ranging from 1.4% to 10.75%, depending on your income level. Investment income ...
Because of the “low” income thresholds for the top tax rate, you might rethink potential retirement in Oregon. New Jersey’s top income tax rate is the fourth highest in the nation.