NJ STATE TAX AMNESTY PROGRAM

This just in - the State of New Jersey’s latest Tax Amnesty Program has begun!    

Under the program you will only pay the amount of outstanding tax you owe and one-half of the balance of interest due (as of November 1, 2018).  You will not be charged any penalties, “Referral Cost Recovery Fees”, or cost of collection fees.  You also avoid a 5% amnesty penalty that will be assessed on all eligible tax balances remaining after the amnesty period ends.  This 5% amnesty penalty cannot be waived or abated.

The amnesty period begins November 15, 2018 and ends January 15, 2019.  If you have an outstanding tax balance you should be notified by mail on or about November 15th. This notice will provide instructions on how to participate in the program.

The program covers liabilities incurred for tax returns due on or after February 1, 2009 and prior to September 1, 2017 for all taxes administered and collected by the New Jersey Division of Taxation.  Amnesty is not available for local property taxes and payroll taxes owed to the New Jersey Department of Labor.   

NJ has created a special NJ Tax Amnesty website with information, guidelines, forms and FAQs.

The website tells us -

"All requests for amnesty must be filed electronically. To apply, log in to our Amnesty Processing Center using the Amnesty ID and PIN printed on your amnesty notice. Once you are logged in, you can:

·         View your balance(s) due;

·         View any delinquent tax returns;

·         Submit a payment.

If you have not received a notice and want to submit a payment or file delinquent returns, visit the Non-Outreach Portal. You will be prompted for the required information for identification purposes."

TTFN