A 4434
Increases gross income tax deduction available to veterans from $6,000 to $12,000.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill increases the gross income tax deduction available to veterans in New Jersey. Currently, eligible veterans can deduct $6,000 from their income, but this bill raises that amount to $12,000. This change applies to those who are honorably discharged or released from active duty in the Armed Forces or the National Guard. The bill amends the state’s tax code to reflect this increased deduction.
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Primary sponsors
Cosponsors
Gregory McGuckin
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