New Jersey Property Tax Credit Application
Extracted from PDF file 2023-new-jersey-form-1040hw.pdf, last modified October 2023Property Tax Credit Application
2023 NJ-1040-HW State of New Jersey Property Tax Credit Application Wounded Warrior Caregivers Credit Application Your Social Security Number (required) - - Spouse’s/CU Partner’s SSN (if filing jointly) - Last Name, First Name, Initial (Joint Filers enter first name and middle initial of each. Enter spouse’s/CU partner’s last name ONLY if different.) Home Address (Number and Street, including apartment number) City, Town, Post Office County/Municipality Code (See Table page 52) State ZIP Code 1. Single 2. Married/CU Couple, filing joint return 3. Married/CU Partner, filing separate return 4. Head of Household 5 Qualifying Widow(er)/Surviving CU Partner Fill in NJ RESIDENCY STATUS if your address has changed 6. Part-year residents, provide months/days you were a New Jersey resident during 2023: From: M M / D D /2 3 M M / D D /2 3 To: Do Not File This Application If: • You file a 2023 New Jersey resident return, Form NJ-1040; or • Your income is more than $20,000, excluding Social Security income ($10,000 if filing status is single or married/CU partner, filing separate return). You must file Form NJ-1040. You can use Form NJ-1040-HW even if you are eligible for only ONE of the credits. If you are applying for the Property Tax Credit, complete Part I. If you are applying for the Wounded Warrior Caregivers Credit, complete Part II. If you are applying for both credits, complete both Parts I and II. Part I — Property Tax Credit 7. Indicate whether at any time during 2023 you either owned a home or rented a dwelling in New Jersey as your principal residence (main home) on which property taxes (or rent) were paid. Fill in the appropriate oval. If you were both a homeowner and a tenant during the year, fill in “Both.” Homeowner Tenant Both None (Fill in only one) If “Homeowner” or “Tenant” or “Both,” you may be asked to provide proof of property taxes or rent paid on your main home. If “None,” you are not eligible for a Property Tax Credit. 8a. On December 31, 2023, were you age 65 or older? Yourself Spouse/CU Partner Yes Yes No No 8b. On December 31, 2023, were you blind or disabled? Yourself Yes No Spouse/CU Partner Yes No If you (and your spouse/CU partner) answered “No,” to all the questions at lines 8a and 8b, you are not eligible for the Property Tax Credit. 9. On October 1, 2023, did you own and occupy a home in New Jersey as your main home? Division use 1 2 3 4 5 6 Yes No 7 Your Social Security Number Name(s) as shown on Form NJ-1040-HW Page 2 Part II — Wounded Warrior Caregivers Credit 10. Did you provide care for a relative who was a qualifying armed services member (see instructions)? Yes No If “Yes,” enter the name and Social Security number of the qualifying service member. Last Name, First Name, Middle Initial - - Enter your relationship to the qualifying service member. You may be asked to provide proof to substantiate your claim. If “No,” you are not eligible for a Wounded Warrior Caregivers Credit. Do not complete Part II. 11a. Enter the 2023 federal disability compensation of the armed services member.......................... 675 11b. Maximum credit allowed.................................... 11c. Enter the lesser of line 11a or line 11b..................................................................11c. 12. Were you the only caregiver for this service member during the tax year? If “No,” enter your share (percentage) of the total care expenses for the year 13. . Yes No % If you answered “Yes” at line 12, enter the amount from line 11c. If you answered “No” at line 12, multiply the amount from line 11c x % from line 12. ...................................................13. . Signature Under penalties of perjury, I declare that I have examined this application, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. If prepared by a person other than the taxpayer, this declaration is based on all information of which the preparer has any knowledge. (N.J.S.A. 2C:28-1) Your Signature Fill in if death certificate is enclosed. Date Spouse’s/CU Partner’s Signature (required if filing jointly) Fill in Date if you do not want a paper form next year. I authorize the Division of Taxation to discuss my return and enclosures with my preparer (below). Paid Preparer’s Signature Federal Identification Number Firm’s Name Federal Employer Identification Number Mail your NJ-1040-HW to: NJ Division of Taxation Revenue Processing Center PO Box 555 Trenton, NJ 08647-0555
2024 NJ-1040-HW
More about the New Jersey Form 1040hw Individual Income Tax Tax Credit TY 2023
If you were either a homeowner or a tenant and you met the eligibility requirements for a Property Tax Credit (see page 30 on the instruction booklet), you qualify for a credit of $50 ($25 if you and your spouse file separate returns but maintained the same principal residence).
We last updated the Property Tax Credit Application in January 2024, so this is the latest version of Form 1040hw, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 1040hw directly from TaxFormFinder. You can print other New Jersey tax forms here.
eFile your New Jersey tax return now
eFiling is easier, faster, and safer than filling out paper tax forms. File your New Jersey and Federal tax returns online with TurboTax in minutes. FREE for simple returns, with discounts available for TaxFormFinder users!
File Now with TurboTaxOther New Jersey Individual Income Tax Forms:
TaxFormFinder has an additional 95 New Jersey income tax forms that you may need, plus all federal income tax forms.
Form Code | Form Name |
---|---|
Form NJ-1040-ES | Estimated Tax Voucher |
Individual Tax Instructions | Form NJ-1040 Instructions |
Form NJ-1040 | Individual Income Tax Return |
Estimated Tax Instructions | Form NJ-1040-ES Instructions |
Form NJ-630 | Application for Extension of Time to File NJ GIT Return |
View all 96 New Jersey Income Tax Forms
Form Sources:
New Jersey usually releases forms for the current tax year between January and April. We last updated New Jersey Form 1040hw from the Division of Revenue in January 2024.
Form 1040hw is a New Jersey Individual Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of New Jersey Form 1040hw
We have a total of seven past-year versions of Form 1040hw in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2020 NJ-1040-HW
2019 NJ-1040-HW
NJ-1040-HW- Property Tax Credit Application -Wounded Warrior Caregivers Credit Application
NJ 1040-H - Property Tax Credit Applicatiion
TaxFormFinder Disclaimer:
While we do our best to keep our list of New Jersey Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.