Tax Deductions
1. You were 65 years old or older as of December 31st of last year and have proof of age.
2. You owned the house and lived in it on or before October 1st of last year and still live in the house.
3. You were a citizen and resident of New Jersey for 1 year or more as of October 1st of last year.
4. You have an income of $10,000 or less not including the income from one of the following:
(A) Social Security
or (B) Railroad Pension
or (C) Government Pension
(2015 limit which can be “not included” is:
Senior/Disabled Person = $ 31,956
Senior aged spouse or spouse with a
Dependent child = $ 15,978
If your Social Security or railroad or government pensions are more than
$ 31,956 / $ 15,978 the additional income from these sources must be counted as “included income”).
1. You were 55 years old or older when your spouse died and you can show proof of your age at that time.
2. The deceased spouse was receiving a Senior Citizen deduction or a deduction for a Permanently and Totally Disabled Person at the time of his or her death.
3. You, as the Surviving spouse, have not remarried.
4. Same as Senior Citizen Guidelines # (2), (3), and (4).
5. You must live in same house which you owned with your deceased spouse.
1. You must be permanently and totally disabled as of December 31st of last year and have paperwork from Social Security and, when possible, a doctor, declaring you are 100% permanently and totally disabled.
2. Same as Senior Citizen Deduction Guidelines # (2), (3), and (4).
1. You must have served in the Army, Navy, Marines, Air Force, or Coast Guard, or served in a reserve unit with any of the above, during a time of war. “Time of War” guidelines are set by the State of New Jersey. Note: If you served our Country during any of the Peacekeeping Missions, you must also have spent 14 days of service in the actual combat zone except where a service-incurred injury or disability occurred in the combat zone. If a service-incurred injury or disability occurred in the combat zone, then actual time served, though less than 14 days, is sufficient for the purpose of the tax deduction.
2. You must have been honorable discharged or released and submit a copy of your DD214 Discharge Papers to the Tax Assessor.
3. You must be a citizen and resident of New Jersey. Seasonal residence does not count.
You must live in New Jersey for the majority of the year.
4. You must own the property in full or part as of October 1st of last year.
1. Your spouse had met all the Veteran Deduction Qualifications even if he did not receive the deduction while alive. Submit a copy of DD214 and Death Certificate to Assessor.
2. Surviving spouse must not remarry.
DISABLED VETERAN OR WIDOW OF A DISABLED VETERAN OR SERVICEMAN EXEMPTION FROM REAL ESTATE TAXES
There is also a Real Estate Tax Exemption for Individuals whom are declared 100 % Disabled due to a war or service related incident or series of events and for the Widow of a 100 % Disabled Veteran or Serviceman killed in the service of our Country.
Here are the Requirements for these Exemptions:
1- The Disabled Individual must have served in the Army, Navy, Marines, Air Force, or Coast Guard, or served in a reserve unit with any of the above, during a time of war. “Time of War” guidelines are set by the State of New Jersey. If you served our Country during any of the Peacekeeping Missions, you must also have spent 14 days of service in the actual combat zone except when a service-incurred injury or disability occurred in the combat zone. If a service-incurred injury or disability occurred in the combat zone, then actual time served, though less than 14 days, is sufficient for the purpose of the tax exemption.
2- You must have been honorably discharged or released and submit a copy of your DD214 Discharge Papers and your Declaration of 100% Disability due to Service Related Incidence from the Department of Veteran’s Affairs. In the case of a Widow of a Serviceperson killed during the service of our Country, please submit the proper Death Certificate.
3- You must be a citizen and resident of New Jersey. Seasonal residence does not count. You must live in New Jersey for the majority of the year.
4- You must own and occupy the property in full or with your spouse only or have a life estates rights to the property.
5- A widow or widower can not re-marry.
6- Note: Tax Exemption is for the home and property needed by the disabled veteran to live a standard, normal life as decided by the Tax Assessor.
South Brunswick NJ
Municipal Building
540 Ridge Road
Monmouth Junction, NJ 08852
Call Us - 732-329-4000