Start For Free

Fast, Secure, and Always Accurate!

Back to List

Category: New Jersey

New Jersey Subtractions from Income

Qualified Conservation Contributions

Enter the amount of any contribution you made for conservation purposes of a qualified real property interest in property located in New Jersey. The amount of the deduction is the amount of the contribution allowed as a deduction in computing your taxable income for Federal income tax purposes. If you are required to file Federal Form 8283 (Non-cash Charitable Contributions) with your Federal Form 1040 make sure you do so and enclose a copy with your New Jersey return.


Alimony and Separate Maintenance Payments
Enter the alimony and separate maintenance payments you made that were required under a decree of divorce/dissolution or separate maintenance. Do not include payments for child support.


Health Enterprise Zone Deduction
If you provide primary care services in a qualified medical or dental practice you own that is located in or within five miles of a designated Health Enterprise Zone (HEZ), you may be able to deduct a percentage of the net income from that practice on Line 33. See Technical Bulletin TB-56 for eligibility requirements and instructions for calculating the HEZ deduction.

Note: Do not claim nonreimbursed medical expenses, health insurance premiums, or other personal or business expenses as a deduction on this line.



Total Exemption Amount (Part-Year Residents Only)

Your total exemptions must be prorated based upon the number of months you were a New Jersey resident. For this calculation, 15 days or more is a month.


Total Exemptions X Mos. NJ Resident = Total Exemption Amount



Calculate your total exemption amount as follows:

From Line 12A___ x $1,000 = ___

From Line 12B___ x $1,500 = ___

Total Exemption Amount _____