New Jersey New Jersey Senior Freeze (Property Tax Reimbursement) Application
Extracted from PDF file 2023-new-jersey-form-ptr-1.pdf, last modified January 2024New Jersey Senior Freeze (Property Tax Reimbursement) Application
New Jersey 2023 Senior Freeze (Property Tax Reimbursement) Application PTR-1 For Privacy Act Notification, See Instructions Place preprinted label below ONLY if the information is correct. Otherwise print or type your name and address. You must enter your Social Security number below Your Social Security Number - - Spouse’s/CU Partner’s SSN - 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) - County/Municipality Code (See instructions) City, Town, Post Office State ZIP Code This is a four-page application. You must complete all four pages. Fill in ovals completely. PROOF OF AGE OR DISABILITY FOR 2022 AND 2023 MUST BE SUBMITTED WITH APPLICATION Age 65 or Older: Copy of one – Birth Certificate, Driver’s License, Church Records Receiving Federal Social Security Disability Benefits: Copy of Social Security Award Letter See instructions for more information. Marital/Civil Union Status 1. Your Marital/Civil Union Status on December 31, 2022: Single Married/CU Couple 2. Your Marital/Civil Union Status on December 31, 2023: Single Married/CU Couple Age/Disability Status 3a. On December 31, 2022, were you age 65 or older? Yourself Spouse/CU Partner Yes Yes No No 3b. On or before December 31, 2022, were you actually Yourself receiving federal Social Security disability benefit Spouse/CU Partner payments? Yes Yes No No 4a. On December 31, 2023, were you age 65 or older? Yourself Spouse/CU Partner Yes Yes No No 4b. On or before December 31, 2023, were you actually Yourself receiving federal Social Security disability benefit Spouse/CU Partner payments? Yes Yes No No Applicant(s) must meet the age or disability requirements for both 2022 and 2023. If neither you nor your spouse/CU partner met the requirements, you are not eligible for the reimbursement, and you should not file this application. See “Eligibility Requirements” on page 1 of instructions. Residency Requirements 5. Have you owned and lived in the same New Jersey home since December 31, 2019, or earlier? (Mobile Home Owners, see instructions) Yes No If “No,” STOP. You are not eligible for the reimbursement, and you should not file this application. Name(s) as shown on Form PTR-1 Your Social Security Number PTR-1 (2023) Page 2 Determining Total Income (Line 6): Enter your annual income for 2022. See “Income Standards” and “Determining Total Income” in the instructions for information on sources of income and how to determine the amount to report. If you had no income in a category, leave that line blank. Losses in one category of income cannot be used to reduce total income. If you have a net loss in any income category, leave that line blank. If you were married or in a civil union as of December 31 of 2022 and living in the same home, combine your incomes for that year. If you lived in separate homes, file as “Single.” 2022 Income a. Social Security Benefits (including Medicare Part B premiums) paid to or on behalf of applicant. Enter total amount from Box 5 of Form SSA-1099 or Form RRB-1099........ a. b. Pension and Retirement Benefits (including IRA and annuity income) See instructions for calculating amount ........... b. c. Salaries, Wages, Bonuses, Commissions, and Fees . ............... c. d. Unemployment Benefits.............................................................. d. e. Disability Benefits, whether public or private (including veterans’ and black lung benefits)............................................... e. f. Interest (taxable and exempt)....................................................... f. g. Dividends..................................................................................... g. h. Capital Gains............................................................................... h. i. Net Rental Income........................................................................ i. j. Net Profits From Business............................................................ j. k. Net Distributive Share of Partnership Income............................. k. l. Net Pro Rata Share of S Corporation Income.............................. l. m. Support Payments...................................................................... m. n. Inheritances, Bequests, and Death Benefits............................... n. o. Royalties...................................................................................... o. p. Gambling and Lottery Winnings (including New Jersey Lottery)............................................................................. p. q. All Other Income.......................................................................... q. 6. Enter total 2022 income on line 6. (Add lines a–q).................. 6. , . , , , . . . , , , , , , , , , . . . . . . . . . , , . . , , , . . . Was your total 2022 income on line 6 $150,000 or less? Yes. See 2023 income eligibility. No. STOP. You are not eligible for the reimbursement, and you should not file this application. Name(s) as shown on Form PTR-1 Your Social Security Number PTR-1 (2023) Page 3 Determining Total Income (Line 7): Enter your annual income for 2023. See “Income Standards” and “Determining Total Income” in the instructions for information on sources of income and how to determine the amount to report. If you had no income in a category, leave that line blank. Losses in one category of income cannot be used to reduce total income. If you have a net loss in any income category, leave that line blank. If you were married or in a civil union as of December 31 of 2023 and living in the same home, combine your incomes for that year. If you lived in separate homes, file as “Single.” 2023 Income a. Social Security Benefits (including Medicare Part B premiums) paid to or on behalf of applicant. Enter total amount from Box 5 of Form SSA-1099 or Form RRB-1099........ a. b. Pension and Retirement Benefits (including IRA and annuity income) See instructions for calculating amount ........... b. c. Salaries, Wages, Bonuses, Commissions, and Fees . ............... c. d. Unemployment Benefits.............................................................. d. e. Disability Benefits, whether public or private (including veterans’ and black lung benefits)............................................... e. f. Interest (taxable and exempt)....................................................... f. g. Dividends..................................................................................... g. h. Capital Gains............................................................................... h. i. Net Rental Income........................................................................ i. j. Net Profits From Business............................................................ j. k. Net Distributive Share of Partnership Income............................. k. l. Net Pro Rata Share of S Corporation Income.............................. l. m. Support Payments...................................................................... m. n. Inheritances, Bequests, and Death Benefits............................... n. o. Royalties...................................................................................... o. p. Gambling and Lottery Winnings (including New Jersey Lottery)............................................................................. p. q. All Other Income.......................................................................... q. 7. Enter total 2023 income on line 7. (Add lines a–q).................. 7. , . , , , . . . , , , , , , , , , , , . . . . . . . . . . . , , , . . . Was your total 2023 income on line 7 $163,050 or less? (See “Impact of State Budget” on page 1 of instructions, which explains how the state budget may reduce the income limit.) Yes. Go to page 4. No. STOP. You are not eligible for the reimbursement, and you should not file this application. Name(s) as shown on Form PTR-1 Your Social Security Number PTR-1 (2023) Page 4 Principal Residence (Main Home) 8. Status (fill in appropriate oval): 9. Homeowners: Enter the block and lot numbers of your 2023 main home. Block Lot . Homeowner Qualifier . Mobile Home Owner 2022 10a. Did you share ownership of this property with anyone other than your spouse/CU Partner? (Mobile Home Owners, see instructions)..... 10b. If you answered “Yes,” indicate the share (percentage) of the property owned by you (and your spouse/CU partner) (Mobile Home Owners, see instructions) ........................................................................................... 11a. Did this property consist of multiple units?.................................................... 11b. If you answered “Yes,” indicate the share (percentage) of the property that you (and your spouse/CU partner) used as your main home. . ............. Yes 2023 No Yes % Yes No No % Yes % No % If you answered “Yes” at line 10a or 11a, see instructions before completing lines 12 and 13. Property Taxes Proof of property taxes due and paid for 2022 and 2023 must be submitted with application. See instructions. If you are claiming property taxes for additional lots, check box. (See instructions) 12. Enter your total 2023 property taxes due and paid (including any credits/deductions) on your main home. See instructions. (Mobile Home Owners: Property taxes = total site fees paid 0.18).......... 12. , . 13. Enter your total 2022 property taxes due and paid (including any credits/deductions) on your main home. See instructions. (Mobile Home Owners: Property taxes = total site fees paid 0.18).......... 13. , . , . Reimbursement Amount (See “Impact of State Budget” on page 1 of instructions.) 14. Reimbursement. (Amount to be sent to you. Subtract line 13 from line 12)................................................................................................. 14. If line 14 is zero or less, you are not eligible for a reimbursement, and you should not file this application. If enclosing copy of death certificate for deceased applicant, check box. (See instructions) SIGN HERE Under penalties of perjury, I declare that I have examined this Senior Freeze (Property Tax Reimbursement) 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 applicant, this declaration is based on all information of which the preparer has any knowledge. Your Signature Date Spouse’s/CU Partner’s Signature (if filing jointly, BOTH must sign) Your daytime phone number and/or email address (optional) Paid Preparer’s Signature Federal Identification Number Firm’s name Firm’s Federal Employer Identification Number Division Use 1 2 3 4 Due Date: October 31, 2024 Mail your completed application to: NJ Division of Taxation Revenue Processing Center Senior Freeze (PTR) PO Box 635 Trenton, NJ 08646-0635 Senior Freeze (PTR) Hotline: 1-800-882-6597 5 6 7
2023 Property Tax Reimbursement Application, Form PTR-1
More about the New Jersey Form PTR-1 Other Tax Credit TY 2023
If you applied for and received a previous-year Senior Freeze, you should have received a personalized application (Form PTR-2) preprinted with the information you provided last year. If you qualify for a Senior Freeze, use the personalized application. If you have not received your personalized application, call 1-800-882-6597.
We last updated the New Jersey Senior Freeze (Property Tax Reimbursement) Application in February 2024, so this is the latest version of Form PTR-1, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form PTR-1 directly from TaxFormFinder. You can print other New Jersey tax forms here.
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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 PTR-1 | New Jersey Senior Freeze (Property Tax Reimbursement) Application |
Form REG-C-L | Request for Change of Business Registration Information |
Form NJ-REG | Business Registration Application |
New Hire Report | New Hire Reporting Form |
Form VSS | PROPERTY TAX DEDUCTION CLAIM BY VETERAN OR SURVIVING SPOUSE |
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 PTR-1 from the Division of Revenue in February 2024.
Form PTR-1 is a New Jersey Other 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.
Historical Past-Year Versions of New Jersey Form PTR-1
We have a total of six past-year versions of Form PTR-1 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 Property Tax Reimbursement Application, Form PTR-1
2022 Property Tax Reimbursement Application, Form PTR-1
2020 Property Tax Reimbursement Application, Form PTR-1
2019 Property Tax Reimbursement Application, Form PTR-1
NJ Form PTR-1 - Property Tax Reimbursement (Senior Freeze) Program
Property Tax Reimbursement (Senior Freeze) Program Packet
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