Back to top

NJ Veteran Exemption

Income Tax Exemption for Veterans

New for Tax Year 2017, taxpayers are eligible for a $3,000 exemption on their Income Tax return if they are a military veteran that was honorably discharged or released under honorable circumstances from active duty in the Armed Forces of the United States by the last day of the tax year. Taxpayer’s spouse (or civil union partner) is also eligible for an exemption if he/she is a veteran that was honorably discharged or released under honorable circumstances and if a joint return is filed. This exemption is in addition to any other exemptions taxpayers are entitled to claim and is available on both the resident and nonresident returns. Taxpayers cannot claim this exemption for a domestic partner or for your dependents.

Taxpayers must certify for the exemption by sending a copy of your DD-214 and Veteran Exemption Submission Form to the Division before you file, which New Jersey has stated will process your return faster. To certify or for more information about the certification process please visit the State of New Jersey’s website. (Link below)

http://www.state.nj.us/treasury/taxation/newexemptionveterans.shtml

Please do not hesitate to contact our office if you should have any questions or concerns.

 

Kleespies, Horwitz & Associates, LLC

(848)467-3990

info@khacpas.com